Let's face it: the hottest sector in China this year is subprime credit. At least 10 top lenders will each make over US$200m in net profit this year alone. A total of 14 top players are waiting in the wings to go public in the US and Hong Kong.

It is a chaotic scene. It has significant political and business implications.

A nervous participant in the sector, I just wrote a new book to analyse it: the major players, their weaknesses, and their outlook.

It is available at Amazon: https://www.amazon.com/dp/B076DG4KBW/ref=sr_1_1?s=books&ie=UTF8&qid=1507961297&sr=1-1&keywords=joe+zhang

at Google Play.  https://play.google.com/store/books/details?id=yHI5DwAAQBAJ