Explaining Railway Reform in China

A Train of Property Rights Re-arrangements

Linda Tjia Yin-nor (University of Hong Kong)

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English

Routledge
14 August 2020

Economics of industrial organisation; Railway transport industries

Series: Routledge Contemporary China Series

"Having been state-owned for decades, the railway reform in China confused many people, particularly in terms of its ownership and property rights arrangements. Western literature always prescribes that the best model for railway reform is privatization. China’s leadership has also enunciated the state’s determination to re-arrange property rights and rejuvenate corporate governance. But is China’s railway reform really a story of convergence and will the Chinese government follow the western model of railway reform?

Addressing these questions, this book provides a positive explanation of the reform in China’s railway sector between 1978 and the dissolution of the Ministry of Railways. It bridges the socialist reform and transport policy literature, and studies the empirical changes of the property rights arrangements in China’s railway system. Refuting the convergence theory, it concludes that the cyclical reform policies of decentralization and re-centralization were actually an exploratory and interactive mechanism of ""assets discovery"" and ""assets recovery"". This in-depth study is based on 21 face-to-face interviews with railway cadres as well as field trips to collect first-hand information in Guangzhou, Beijing, Shanghai, Tianjin and Wuhan.

As one of the only empirical studies on the reform of the railway sector in China, this book will be of interest to students and scholars of China studies, Transport studies and Political Economy."

By: Linda Tjia Yin-nor (University of Hong Kong)
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 234mm, Width: 156mm,
Weight: 371g
ISBN: 9780367597948
ISBN 10: 0367597942
Series: Routledge Contemporary China Series
Pages: 234
Publication Date: 14 August 2020
Audience: College/higher education , Primary
Format: Paperback
Publisher's Status: Active

1. Property Rights, Ownership Changes and the Puzzles 2. The Best Railway Reform Model 3. China’s Railway Reform in Context 4. [De]centralization Policies 5. Great-Leap-Forward Approach of Railway Reform 6. The Railway’s Transport Sub-sector: Top down Re-centralization and Local Cadres’ Survival Strategies 7. The Railway’s Construction Sub-sector: Emergence of Multi-layered State-owned Enterprise Group 8. Telecommunications Sub-sector 9. Conclusions

Linda Tjia Yin-nor teaches at the Department of Geography of the University of Hong Kong. She is affiliated with the Center for Third Sector Studies of the Hong Kong Polytechnic University.