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...

Descripción completa

Guardado en:
Detalles Bibliográficos
Autores principales: Shana Cui, Russell Pittman, Jian Zhao
Formato: article
Lenguaje:EN
Publicado: Elsevier 2021
Materias:
L43
L92
O18
P31
R40
Acceso en línea:https://doaj.org/article/fada5f09edf747a3b92a219222998969
Etiquetas: Agregar Etiqueta
Sin Etiquetas, Sea el primero en etiquetar este registro!
Descripción
Sumario: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.