From Iron Fist to Invisible HandThe Uneven Path of Telecommunications Reform in China

From Iron Fist to Invisible HandThe Uneven Path of Telecommunications Reform in China

Irene S. Wu

Print publication date: 2013

ISBN: 9780804759625

Publisher: Stanford University Press

Abstract

This book uses telecommunications policy as a window to examine major contradictions in China's growth as an economic and political superpower. While China policy analysts wonder why the government occasionally restrains growth and raises prices, technologists marvel at how the telecommunications industry continues to grow enormously despite constraints and unpredictability in the market. Frustration is pervasive in the business environment, where regulations are constantly changing. This book provides six policy-focused case studies, each centered on a question with implications for telecom stakeholders, such as: Who is the regulator? Who are the regulated? Which foreigners can enter China, thereby regulating wholesale prices, setting consumer prices, and introducing Internet and innovative technologies? These cases explain the government's liberal and conservative approach toward reform, the policies that both promote and constrain business, and the major hurdles that lie ahead in telecommunications reform.