Property Rights: Rationalizing the Crux of Reform and Development

Tang Fengyiet Al.

Chinese Economy, 1992, vol. 25, issue 4, 48-59

Abstract: Discussion on the issue of property rights has been relatively muted in the past year. The reason is a specious misgiving in people's minds that any talk on the subject is tantamount to advocating privatization or an infringement on state ownership. So comrades try to avoid it in talking about reform and development. But the objective fact is that the issue of property rights is unavoidable in implementing reform and development. The situation and problems confronting China today highlight the issue as one that urgently needs solution.

Date: 1992
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