Restructuring the Chinese Freight Railway: Two Scenarios
Twenty years of debate regarding the restructuring of the Chinese freight railway have failed to yield a consensus. Early policy statements favoring the creation of above-the-rail competition over a monopoly infrastructure – the “European” model of rail restructuring – have broadened into a lively p...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2021-01-01
|
| Series: | Asia and the Global Economy |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2667111521000025 |
| _version_ | 1818694813916069888 |
|---|---|
| author | Shana Cui Russell Pittman Jian Zhao |
| author_facet | Shana Cui Russell Pittman Jian Zhao |
| author_sort | Shana Cui |
| collection | DOAJ |
| description | Twenty years of debate regarding the restructuring of the Chinese freight railway have failed to yield a consensus. Early policy statements favoring the creation of above-the-rail competition over a monopoly infrastructure – the “European” model of rail restructuring – have broadened into a lively policy and scholarly debate that includes as an alternative the division of the system into competing vertically integrated railways – the “Americas” model of restructuring. To date, however, there have been no tangible reform steps beyond organizational restructuring, the construction of new coal railroads, some with private-sector participation, and the introduction of scheduled container service between China and Europe. In this paper we argue in favor of the Americas model as a basis for restructuring and offer two alternative scenarios for the creation of multiple vertically integrated freight railways. Both plans enable competition between independent firms and routes for import/export traffic, one a southern, One Belt, One Road path, the other a northern path via the Trans-Siberian Railway. |
| first_indexed | 2024-12-17T13:35:33Z |
| format | Article |
| id | doaj.art-fada5f09edf747a3b92a219222998969 |
| institution | Directory Open Access Journal |
| issn | 2667-1115 |
| language | English |
| last_indexed | 2024-12-17T13:35:33Z |
| publishDate | 2021-01-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Asia and the Global Economy |
| spelling | doaj.art-fada5f09edf747a3b92a2192229989692022-12-21T21:46:27ZengElsevierAsia and the Global Economy2667-11152021-01-0111100002Restructuring the Chinese Freight Railway: Two ScenariosShana Cui0Russell Pittman1Jian Zhao2Department of Economics, University of FloridaAntitrust Division, U.S. Department of Justice, and Kyiv School of Economics; Corresponding author.School of Economics and Management, Beijing Jiaotong UniversityTwenty years of debate regarding the restructuring of the Chinese freight railway have failed to yield a consensus. Early policy statements favoring the creation of above-the-rail competition over a monopoly infrastructure – the “European” model of rail restructuring – have broadened into a lively policy and scholarly debate that includes as an alternative the division of the system into competing vertically integrated railways – the “Americas” model of restructuring. To date, however, there have been no tangible reform steps beyond organizational restructuring, the construction of new coal railroads, some with private-sector participation, and the introduction of scheduled container service between China and Europe. In this paper we argue in favor of the Americas model as a basis for restructuring and offer two alternative scenarios for the creation of multiple vertically integrated freight railways. Both plans enable competition between independent firms and routes for import/export traffic, one a southern, One Belt, One Road path, the other a northern path via the Trans-Siberian Railway.http://www.sciencedirect.com/science/article/pii/S2667111521000025L43L92O18P31R40 |
| spellingShingle | Shana Cui Russell Pittman Jian Zhao Restructuring the Chinese Freight Railway: Two Scenarios Asia and the Global Economy L43 L92 O18 P31 R40 |
| title | Restructuring the Chinese Freight Railway: Two Scenarios |
| title_full | Restructuring the Chinese Freight Railway: Two Scenarios |
| title_fullStr | Restructuring the Chinese Freight Railway: Two Scenarios |
| title_full_unstemmed | Restructuring the Chinese Freight Railway: Two Scenarios |
| title_short | Restructuring the Chinese Freight Railway: Two Scenarios |
| title_sort | restructuring the chinese freight railway two scenarios |
| topic | L43 L92 O18 P31 R40 |
| url | http://www.sciencedirect.com/science/article/pii/S2667111521000025 |
| work_keys_str_mv | AT shanacui restructuringthechinesefreightrailwaytwoscenarios AT russellpittman restructuringthechinesefreightrailwaytwoscenarios AT jianzhao restructuringthechinesefreightrailwaytwoscenarios |