Skip to main content

The introduction of competition to China's petroleum sector: a policy analysis

Resource type
Thesis type
(Project) M.A.
Date created
2008
Authors/Contributors
Author: Liu, Jiamin
Abstract
The Chinese market for petroleum has been controlled by three dominant companies since 1998. The circumstances have however, changed since China’s inclusion in the WTO as policy makers now desire a more competitive market. The goal of this paper is to analyze the different economic factors that pose impact on the Chinese petroleum market as the market shifts from monopoly environment to the new competitive market. Observations will be made on the few dominant firms and their role in shaping a big, albeit problematic market. To do this, the profit level for these firms will be compared with similar companies elsewhere. Aside from the dominant firms, China also faced a problem regarding gasoline shortage in recent times. Foreign investment also played a big part in the history of the market. A brief overview of Russia’s petroleum industry as well as some of its distinctive characteristics will also be discussed.
Document
Copyright statement
Copyright is held by the author.
Permissions
The author has not granted permission for the file to be printed nor for the text to be copied and pasted. If you would like a printable copy of this thesis, please contact summit-permissions@sfu.ca.
Scholarly level
Language
English
Member of collection
Download file Size
etd3453.pdf 1.88 MB

Views & downloads - as of June 2023

Views: 33
Downloads: 0