China Power Sector Reform

At China's Third Plenum last Fall, state-owned enterprise (SOE) reform was envisioned as a key lever for future economic growth. It remains to be seen how this will impact the power sector. Of interest, given its numerous challenges (here, etc.), is 1) how ownership of generation assets is shifting -- away from SOEs and between SOEs -- and 2) how the central government uses or gives up some of its electricity price-setting power. Recently, I spoke with Channel NewsAsia about some of these challenges.