Originally Posted by
sinoflyer
When I mentioned “fundamentally the same,” I had in mind the fact that air, rail, and bus fares in China are all distance-based and regulated by the government. Chinese air carriers only appear to operate in a deregulated U.S.-like environment because they are allowed to discount, on a percentage-off basis, from government-published tariffs. IIRC, full fares on domestic Chinese routes are identical across all carriers competing on those routes.
But vering back to topic, stand-by is really an American institution that control-infatuated China will not allow for its public.
I believe this is still true for economy fares, but premium fares were discounted several years ago, and I've seen some crazy numbers (e.g. PEK-XIY for Y6,000). Prior to the deregulation, F was ~30% higher than Y across the board.