Guizhou province created a monitoring system that will monitor energy consumption, and alert companies when their energy consumption nears their monthly quota. Penalties already instituted this year in Guizhou:
Fines and close monitoring for the rest of the year for 32 companies that did not meet their energy intensity reduction goals.71 companies have been shut down this year ...
After the Fall of Communism, Why Did Russia Become Democratic and China Remain a Communist State?
(Aug 31)
A friend emailed me the other day asking for my thoughts on why Russia democratized after the fall of Communism and China did not. My initial, flippant thought is, Russia democratized? But that's too harsh. Let's give Russia the benefit of the doubt that it is a representative democracy, or a republic. Let's also give China the benefit of the doubt and not say "the fall of communism," but instead the beginning of the adoption of market economies. I think there are three factors for why Russia has democratized since the fall of the Soviet Union, and why China has not democratized since the fall of the Gang of Four and the rise of Deng Xiaoping Theory: 1) different solutions to the trilemma of international finance; 2) historical tradition; and 3) the particular circumstances in each country that led to the adoption of market economies.
Trilemma of International Finance 
