Machine learning tools can analyse media coverage of the Chinese economy to detect financial risk, a working paper published by the European Central Bank finds.

In Using machine learning to measure financial risk in China, Alexander Al-Haschimi, Apostolos Apostolou, Andres Azqueta-Gavaldon and Martino Ricci note that assessing Chinese stress levels is a difficult task. Sources of risk are rapidly changing, the authors say. It is also is hard to find consistent financial data that would allow