
From Iron Fist to Invisible Hand: The Uneven Path of Telecommunications Reform in China
Irene S. Wu
From Iron Fist to Invisible Hand 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 telecome 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.
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About Irene S. Wu
Reviews for From Iron Fist to Invisible Hand: The Uneven Path of Telecommunications Reform in China
Roselyn Hsueh
Journal of Chinese Political Science
"Irene S. Wu in this volume provides some clues to the miraculous performance by a comprehensive and balanced account of the uneven development of the telecom market . . . [Readers] can surely find clues from Irene Wu's book as to where to look for explanations for the performance of other Chinese industries and the economy as a whole."
Huizhong Zhou
China Review International
"This is a valuable and timely book for scholars who are interested in the evolving regulatory framework of China's telecommunications sector."
Yu Hong Journal of Asian Studies
"Irene Wu has created a study of telecommunications reform in China that will interest anyone studying economic policymaking in the major emerging economies. The book is both comprehensive and insightful, drawing on the author's personal involvement in U.S.-China governmental discussions over telecom for a number of years."
Peter Cowhey, Dean, School of International Relations and Pacific Studies
UC San Diego