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China
Intelligence for Better Decision Making
China's Third Aircraft Carrier
May 2, 2024 | Indirect Indicator- China's third aircraft carrier, the Fujian, commenced its maiden sea trials on May 1 from the Shanghai Jiangnan Shipyard.
- The purpose of the sea trials is to test the reliability and stability of the propulsion and electrical systems of the carrier.
- The Fujian was launched in June 2022 and has met the technical requirements for sea trials after completing mooring trials, outfitting work, and equipment adjustments.
- The Fujian's deployment marks a significant improvement in China's naval capabilities and represents the country's ongoing commitment to bolstering its maritime presence.
- The sea trials will provide insights into the carrier's performance and readiness for future operations, allowing for necessary adjustments.
- The results of the sea trials could affect regional security dynamics and China's strategic positioning in the Indo-Pacific region.
- The Fujian's successful sea trials will contribute to China's push to strengthen its naval forces and increase its regional power projection.
- The Fujian is the largest and most powerful warship built by an Asian nation, displacing more than 80,000 metric tons of water.
- In comparison to China's other two aircraft carriers, the Fujian is significantly larger, having a larger flight deck and a smaller superstructure.
- The Fujian's sea trial is a critical step in its development and potential deployment as a vital military asset for China's Navy.
Road Collapse in Guangdong
May 2, 2024 | Indirect Indicator- A road collapse on the Meizhou-Dabu Expressway in Guangdong Province, China, resulted in 19 confirmed deaths.
- 18 vehicles were trapped due to the incident with 30 people receiving treatment in hospitals.
- The caved-in area covered 184.3 square meters and over 500 people participated in the rescue operation.
- Another report states that the highway collapse in southern China led to at least 24 deaths.
- The incident, which happened in early hours of Wednesday in Meizhou City, trapped 18 vehicles in the wreckage.
- Various departments including public security, emergency response, firefighting, and mining rescue were involved in rescue operation.
- The incident highlights the necessity of maintaining infrastructure to prevent such accidents in the future.
- The collapse occurred on the S12 highway between Meizhou city and Dabu county, with an estimated stretch of 17.9-meters.
- Social media footage revealed flames and smoke from the collapse, pointing to a significant disaster.
- Guangdong province experience a series of severe weather conditions recently, including heavy rain, flooding, and a fatal tornado. This could have contributed to the highway collapse, though exact cause is still under investigation.
Monitored Intelligence for China - Jan. 25, 2024
News
Media
424
Government
Releases
41
City/State
Releases
43
Embassy
Releases
5
Foreign
Service
Advisories
0
Service
Advisories
0
Academic/
Think
Tank
22
Think
Tank
22
Podcasts
0
Videos
0
Social
Media
0
Business
Releases
1
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.
Risk Categories Reported on Today
Risk Category
Items Reported On
Shifting Geopolitical Alliances
7
Geopolitical Conflict and Disputes
23
Natural Disasters
18
Supply Chain Issues
11
South China Sea
1
Extreme Weather Events
5
Terrorism
1
Cyber Attacks and Data Loss
1
Accidents
2
Regulatory Enforcement Actions
1
Epidemics and Pandemics
1
Communal and Religious Strife
1
Regulation
3
Crime
3
Political Scandal or Corruption
1
Climate Change
2
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.
Operations Categories Reported on Today
Operations Category
Items Reported On
Economic Growth
15
Asset Price Change
10
Initiative
1
Bizdev-Partnering
4
Politics and Elections
12
Energy Prices
1
Employment
3
Operating Results
3
Tech Development/Adoption
8
Wages and Compensation
1
Real Estate
1
Trade Issues and Numbers
1
Demographics
1
Political Policy Resistance
3
China, Vietnam complete joint coast guard patrol
China News | English | News | May 2, 2024 | Geopolitical Conflict and Disputes
China and Vietnam recently completed a three-day joint coast guard patrol in the Beibu Gulf, with the aim of deepening maritime law enforcement cooperation and maintaining security and stability in the waters. This patrol marked the 27th joint patrol conducted by the two nations' maritime law enforcement agencies since 2006 and is scheduled to be held twice a year. The patrol covered 255.5 nautical miles and inspected 43 fishing boats, contributing to conserving fishery resources, maintaining fishery production order, fighting maritime crimes, and guaranteeing regional security and stability. Additionally, the patrol serves as a model for maritime law enforcement cooperation in the South China Sea and aims to build a community with shared strategic significance between China and Vietnam.
首例IPO“资格罚”！深交所：这家公司三年不接受其上市申请
The first IPO "qualification penalty"! Shenzhen Stock Exchange: This company will not be accepted for listing for three years
STCN | Local Language | News | May 2, 2024 | Regulatory Enforcement Actions
The Shenzhen Stock Exchange issued a "qualification penalty" for Jingyu Environment's IPO project, holding the issuer and several individuals accountable for violations related to the project. This penalty marks the first disciplinary action of temporarily not accepting documents against an IPO project under the Shenzhen Stock Exchange's registration system. The exchange aims to improve the quality of applications by strengthening supervision, emphasizing integrity, self-discipline, and lawfulness. The disciplinary measures against Jingyu Environment reflect the exchange's commitment to preventing repeated violations and dishonest behaviors in the market. The exchange will implement "precise accountability" to strengthen information disclosure responsibilities of listed companies and intermediary institutions.
监管接连出手！因承销格力地产债券违规，这三家券商齐接罚单
Regulators take action one after another! These three securities firms received fines for violating regulations in underwriting Gree Real Estate bonds
Sina Finance | Local Language | News | May 2, 2024 | Regulatory Enforcement Actions
Three securities firms, Zhongtai Securities, Haitong Securities, and CITIC Construction Investment Securities, received fines from the Guangdong Securities Regulatory Bureau for violating regulations in underwriting Gree Real Estate bonds. They were ordered to make corrections or issued warning letters. The firms failed to conduct rigorous analysis, verify information, prepare necessary documents, and disclose reports related to bond underwriting. The penalties were part of a series of actions taken against several securities firms this year for violations in bond underwriting and entrusted management. The China Securities Association also revised the evaluation method for securities firms' bond business professional competence, introducing deduction indicators for poor quality of practice and behaviors disrupting market order.
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