EDITORIAL

• Editorial: How China Can Prevent Systemic Risk

FINANCE

• Microlenders' Debt Sales Slump as Crackdown Bites
• Asset Managers See No Gain, Only Pain in Proposed Rules
• Banks Face Crackdown on Entrusted Loans
• Regulator Reveals Harsher Punishments for Breaking Bank Shareholding Rules

ECONOMY

• Developers Still on the Hunt for Money Overseas
• China's Industrial Inflation Falls to 13-Month Low in December
• Quick Take: China's Foreign Exchange Reserves Increase Again

BUSINESS & TECH

• Apple Hands Off China iCloud Data Operations
• Baidu Sued Over Claim It Illegally Obtained Users' Data
• Chronic Delays Clip Wings of Chinese Airlines