PBOC’s Lu Lei Warns AI Brings New Types of Financial Risk

The significance lies less in the risk warning itself than in the venue and the proposed response: a PBOC deputy governor using a China-ASEAN forum to pitch joint risk assessment and shared AI infrastructure. That framing treats AI governance in finance as a cross-border coordination problem, not a purely domestic supervisory one, which matters for how regional standards and infrastructure may eventually be shaped. The open question is whether this stays a dialogue or produces concrete shared assessment mechanisms.