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Digital Subscriptions > China Report > Issue 49 > COSTLY

COSTLY

A new code of conduct on pricing items and services in public transport areas was published in draft form for public comment on the website of the Jiangsu Administration of Commodity Prices on March 21. The move is a bid to curb price manipulation in airports, bus stations and other places where travellers have no choice but to buy ordinary goods like bottles of water or tissues at outrageously expensive prices. Liu Xu, a researcher at the Intellectual Property and Competition Law Research Centre at Tongji University, praised the regulation but expressed concerns that the implementation might not match the theory, unless a detailed list of problems and punishments is supplied and implemented by local authorities.

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About China Report

The Belt and Road forum held in Beijing in May heralds China's strategy of globalisation 2.0. How much China has invested in the BRI? How can other countries along the routes join in and benefit from the opportunities? (p.20-25) Technologically China has often been perceived as playing the catch-up game. Not in Artificial Intelligence, which the country's tech giants are spearheading with some success. (p. 34-43) A migrant worker has taken the country by storm in her Dickensian essay about her hard life in modern Beijing. (p.52-55)
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