Try the Daily Briefing
Try the Daily Briefing for your country of choice for two weeks--free of charge and with no obligation.
Have a service or subscription question? We'd be happy to hear from you.
Intelligence for Better Decision Making
Erudite Risk takes an all risks approach to intelligence reporting. We categorize key intelligence into one of 40 different risk intelligence categories.
The goal is to provide intelligence that allows decision makers to avoid being blindsided by what they may have missed, while informing them to make better decisions as well.
Erudite Risk also includes operations categories so you can monitor the environment for better decision making. Everything is tied together--what happens in risk affects operations and what happens in the market impacts risk profiles.
We categorize key intelligence into one of 30 different operations intelligence categories.
Different roles and functions within the organization can monitor different key issue areas. HR may monitor employment, wages, regulations, labor and management relations, etc., while P&L leaders may monitor overall developing trends.
China’s Top Polysilicon Producers Band Together to Tackle Overcapacity, Steady Prices
Yicai Global | English | News | Dec. 12, 2025 | UndeterminedSupply Chain Issues
Nine major Chinese solar-grade polysilicon producers, including Tongwei Group and GCL Group Holdings, have formed a joint venture called Guanghe Qiancheng Technology with registered capital of CNY3 billion (USD425 million) to address overcapacity and stabilize prices. The venture, based in Beijing, also includes an entity fully owned by the China Photovoltaic Industry Association (CPIA). Tongwei and GCL own nearly half of the equity, with stakes of 30.35 percent and 16.79 percent respectively.
Solar polysilicon prices peaked in August 2022 but then plummeted by nearly 90 percent by July 2025 due to a surge in production capacity, resulting in a severe price war. After the JV announcement, spot prices recovered approximately 50 percent from their multi-year low, reaching CNY52,000 (USD7,362) per ton as of December 8. The joint venture aims to promote cooperation among photovoltaic companies, facilitate technology upgrades, expand markets, and rationalize costs and production capacity to end destructive competition.
The JV’s legal representative is Hou Yicong, founder of Chunquan Capital, who brings experience from ShineWing Certified Public Accountants, IDG Capital, and JD Capital. Other equity holders include East Hope, Daqo Energy, Xinte Energy, and Asia Silicon Qinghai, each owning between 7.79 percent and 11.3 percent, with smaller stakes held by three additional companies and the CPIA subsidiary. The industry is actively seeking orderly capacity reduction to stabilize supply and demand.
海关总署原副署长孙玉宁被判13年
Former Deputy Director of the General Administration of Customs Sun Yuning Sentenced to 13 Years
Beijing News | Local Language | News | Dec. 12, 2025 | Political Scandal or Corruption
On December 10, 2025, the Hefei Intermediate People’s Court sentenced former Deputy Director of the General Administration of Customs Sun Yuning to 13 years in prison and fined him RMB 4 million for bribery. Additionally, the bribery proceeds and accrued interest seized during the case, totaling over RMB 50.72 million, were ordered turned over to the state treasury, with any remaining amount to be recovered.
Between 2005 and 2024, Sun Yuning abused his multiple leadership roles within the customs system to assist organizations and individuals in business operations, project contracting, job promotions, and placements after transfer. He accepted substantial bribes directly or through others in exchange for these favors. Despite the severity of the crime, the court considered mitigating factors such as his confession, remorse, cooperation, and the recovery of most illicit gains when determining his sentence.
Sun Yuning was publicly tried on September 19, 2025, with evidence presented by the prosecution and cross-examined by the defense. He admitted guilt and expressed remorse in court. His investigation began on September 24, 2024, and he was expelled from the Communist Party and removed from office on March 14, 2025, following findings of serious misconduct including violation of Party regulations, abuse of power for personal gain, improper acceptance of gifts and travel, and unethical behavior combining money and sex.
Throughout his career, Sun held various key customs positions, culminating in his 2020 appointment as Deputy Director of the General Administration of Customs. The disciplinary actions against him were decided by the CPC Central Committee and the National Supervisory Commission, reflecting the gravity of his violations and their adverse impact.
Air China–Rolls-Royce joint venture begins operations in Beijing
China Daily | English | News | Dec. 12, 2025 | UndeterminedBizdev-Partnering
China has officially launched its first joint venture dedicated to aero engine maintenance, repair, and overhaul (MRO) in the Beijing Capital International Airport Economic Zone. The joint venture, Beijing Aero Engine Services Co Ltd (BAESL), is a partnership between Air China and Rolls-Royce, each holding a 50-percent stake. This facility represents Rolls-Royce's fourth MRO JV and the first of its kind in mainland China, focusing on servicing high-thrust engines such as the Trent series.
BAESL plans to start overhaul work on several engine types, including the Trent 700, Trent XWB-84, and Trent 1000, beginning in 2026. The company targets achieving an annual output of 250 overhauled engines by 2034. The joint venture aims to enhance maintenance reliability and efficiency for Air China’s fleet while supporting Rolls-Royce’s 2030 goals for global MRO capacity expansion and localized growth.
The Beijing Capital International Airport Economic Zone, where BAESL operates, is a significant aviation hub that hosts over 20 maintenance enterprises. These companies generate approximately 14 billion yuan in annual industrial output, representing about 20 percent of China’s national total in this sector.
Try the Daily Briefing for your country of choice for two weeks--free of charge and with no obligation.
Have a service or subscription question? We'd be happy to hear from you.
info@eruditerisk.com
The Daily Briefing is delivered Monday through Thursday via email.
Each day's reports include a combination of:
Takes
Takes are our deep dives into a topic of enduring interest or concern. Takes include copious references to all the media resources we gathered to build them.
Developments
Developments are key issues and incidents being heavily reported on in country. These are the centers of local thought gravity around which everything else revolves.
Risk Media
Summaries and analysis of the most important risk issues reported on in media, arranged by risk category. Learn about risk trends and issues while they are developing--before they blow up.
Ops Media
Summaries and analysis of the most important operational issues reported on in media, arranged by operations category. See what's changing in your market, and what's not.
Government Releases
Government press and data releases on key economic data, regulation, law, intiatives, incidents. Straight from the government's press to your eyes in less than a day.
Embassy and Business Association Releases
Statements and news releases from foreign embassies and business/industry associations, including chambers of commerce.
The Daily Briefing can run 50-100 pages each day!
Luckily, Erudite Risk tailors every report specifically to you.
Content Filtering
We try hard to ensure that every piece of information included in each day's reports will be of interest to our readers.
To fulfill our goal of comprehensively monitoring the intelligence landscape and also keeping reports readable, we build big reports--then deliver only the information that applies to you.
Each Daily Briefing is a bespoke report matched to your concerns. Tell us what you want in it, or we can match it to your professional needs. It's that easy.