When socialists marketize: the case of China’s wind power market sector

This paper analyzes China’s attempt at maintaining and stabilizing the market framing of wind power development as ‘sustainable.’ Drawing on mixed data and new directions in the social studies of marketization, the analysis focuses on the Chinese government’s responses to the ‘quality crisis’ in the wind turbine industry. Employing five types of framing – goods, marketizing agencies, market encounters, price-setting, and market design and maintenance – the paper sheds light on flexible government interventions to steer the socio-technical assemblage around wind power towards a ‘turn to quality.’ In essence, this is a study of market construction in the context of Chinese wind power experiments. The paper contributes to new directions in market studies by (1) demonstrating the importance of attending to the contested algorithmic transformation of wind resources to wind power; (2) taking market studies to a transitional and developmental context, which renders marketization prone to constant overflowing; and (3) elucidating a particular Chinese model of experimental market construction ‘through embracing overflowing.’ The paper proposes new trajectories for future market studies with a focus on non-Western contexts, to reveal the wide variety of how marketization unfolds.