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...
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2021
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oai:doaj.org-article:fada5f09edf747a3b92a2192229989692021-12-03T04:01:18ZRestructuring the Chinese Freight Railway: Two Scenarios2667-111510.1016/j.aglobe.2021.100002https://doaj.org/article/fada5f09edf747a3b92a2192229989692021-01-01T00:00:00Zhttp://www.sciencedirect.com/science/article/pii/S2667111521000025https://doaj.org/toc/2667-1115Twenty 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.Shana CuiRussell PittmanJian ZhaoElsevierarticleL43L92O18P31R40Regional economics. Space in economicsHT388ENAsia and the Global Economy, Vol 1, Iss 1, Pp 100002- (2021) |
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L43 L92 O18 P31 R40 Regional economics. Space in economics HT388 |
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L43 L92 O18 P31 R40 Regional economics. Space in economics HT388 Shana Cui Russell Pittman Jian Zhao Restructuring the Chinese Freight Railway: Two Scenarios |
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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. |
format |
article |
author |
Shana Cui Russell Pittman Jian Zhao |
author_facet |
Shana Cui Russell Pittman Jian Zhao |
author_sort |
Shana Cui |
title |
Restructuring the Chinese Freight Railway: Two Scenarios |
title_short |
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_sort |
restructuring the chinese freight railway: two scenarios |
publisher |
Elsevier |
publishDate |
2021 |
url |
https://doaj.org/article/fada5f09edf747a3b92a219222998969 |
work_keys_str_mv |
AT shanacui restructuringthechinesefreightrailwaytwoscenarios AT russellpittman restructuringthechinesefreightrailwaytwoscenarios AT jianzhao restructuringthechinesefreightrailwaytwoscenarios |
_version_ |
1718373967821012992 |