High Risk: China’s Real Estate

Henk R. Randau and Olga Medinskaya

Chapter 17 in China Business 2.0, 2015, pp 83-85 from Springer

Abstract: Abstract Ultimately, real property ownership does not exist in China. Though China’s Property Law states that citizens have “the right to possess, utilize, dispose of and obtain profits from” their properties, this right is superseded by the supreme right of the state: if property ownership or transactions harm public interests or “the legitimate rights and interests of others,” the state has the right to step in.

Keywords: Real Estate; Urban Land; Rural Land; Real Estate Sector; Rural Property (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-319-07677-5_17

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DOI: 10.1007/978-3-319-07677-5_17

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