Coal pricing in China : issues and reform strategy
Albouy, Yves
This study makes an important contribution to our understanding of the magnitude of coal price distortions producers and consumers face in China and how the distortions ripple through the Chinese economy. China has already made an impressive start on reforming its economy. The question of price distortions must now be faced and addressed in order to move the economy to a higher plane of development and efficiency. The author outlines a strategy for gradual price adjustments and liberalization in the coal sector.
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