- Sep 14, 2004
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China is communist and totalitarian. And my statement about property rights in China is correct. Your bogus citation was from 2003 and did not negate the assertion that "no one can buy a house and own the ground." Your citation referred to the fact that the communists were "debating" property rights. A new property law was not passed until March 2007 and it did not codify private ownership of property. From 2006:*sigh*...you do get the difference between totalitarianism and communism, right?
And the statement that "no one can buy a house and own the ground" is incorrect.
http://www.guardian.co.uk/china/story/0,7369,1112110,00.html
The country still lacks private-property rights. Chinese cannot legally own land. They can only obtain land-use rightsfor 70 years in cities and 30 years in the countryside. http://www.msnbc.msn.com/id/12667617/site/newsweek/.
And this was verified in the 16 March 2007 China Property Rights Law. It should have been called the Lack of Property Right Law:
No one owns land in China. The best you can do is obtain "land use rights."Collectives were organizations created in the early years of the Communist Partys rule of China...The ownership of the collectives and the farmers over their agricultural land and homesteads are legally incomplete, in that there are various legal restrictions on the transfer, mortgage or leasing of these properties...While the Law has not made much change to the existing urban land regime, there are a few notable points. First, Article 149 provides that the land use rights underlying their residential properties will be automatically renewed at the expiry of their current term. Although the detailed procedures and payment, if any, for such automatic renewal still await further legislation http://www.cre-china.com/info.php?id=81&cid=7