It is interesting that those who remain committed to socialism and/or
communism are hard-line conservatives whereas their opponenets are
reformers! It used to be that socialists and communists were leftists and
radicals.
Cheers, Ken Hanly
From: Stephen E Philion <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Thursday, March 29, 2001 11:44 AM
Subject: [PEN-L:9743] PRC to follow California deregulation model!
> BNA, Inc., International Trade Reporter, January 18, 2001
> Copyright 2001 The Bureau of National Affairs, Inc., International Trade
> Reporter
>
> CHINA'S STATE POWER SECTOR PREPARES TO DEREGULATE, SELL OFF POWER
GENERATORS
> By Noah J. Smith
>
> BEIJING -- China's monopoly State Power Corp. is preparing to sever its
> regulatory functions and sell off its power generators, as reformers have
> gained the upper hand over entrenched resistance that held up deregulation
> for years, industry sources told BNA.
>
> Power officials, backed by hard-line conservatives, were loath to loosen
> their grasp on the powerful state monopoly, which still controls one-sixth
of
> state-owned assets (about $ 96.6 billion), according to figures in the
most
> recent edition of China's official Business Weekly.
>
