[Contributions to Economics] Chinese Railways || Approaches to Regulation of Railways

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• Book ID: 120155417
• Publisher: Physica-Verlag HD
• Year: 2008
• Tongue: English
• Weight: 656 KB
• Edition: 1
• Category: Article
• ISBN: 3790820024
• DOI: 10.1007/978-3-7908-2002-7_5

✦ Synopsis

Although huge, Chinese Railways are a bottleneck for economic growth in China. The state-owned enterprise returns a small profit but is severely capacity constrained and burdened with inefficiency. Based on interviews with Chinese experts, benchmarking with railways in the US, Germany, Russia, and Japan as well as broad coverage of Chinese-language sources, the book makes detailed recommendations on how to design a comprehensive turnaround program for Chinese Railways.