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In China, there is no unified official procedure for the rules on the registration of land-use rights and the ownership of property. [28] All interests in land must be recorded in the official government register. This register is proof of ownership. However, different interests might be registered under different registries. [29]
The Property Law of the People's Republic of China (Chinese: 中华人民共和国物权法; pinyin: Zhōnghuá Rénmín Gònghéguó Wùquán Fǎ) is a property law adopted by the National People's Congress in 2007 (on March 16 [1]) that went into effect on October 1, 2007.
Real estate in China is developed and managed by public, private, and state-owned red chip enterprises.. In the years leading up to the 2008 financial crisis, the real estate sector in China was growing so rapidly that the government implemented a series of policies—including raising the required down payment for some property purchases, and five 2007 interest rate increases—due to ...
China’s property industry began to cool in 2019 and fell into a deep trough about three years ago after a government-led clampdown on developers’ borrowing.
BEIJING/HONG KONG (Reuters) -China on Friday announced some of its most sweeping measures yet to stabilise the crisis-hit property sector, allowing local governments to buy "some" apartments ...
Consisting of more than 150 articles, the code was intended to regulate China's internal and external economic relations to establish a stable base conducive to trade and attractive to foreign investors. Many of its provisions define the legal status of economic entities and the property rights they exercise.
The petition comes a month after China Evergrande Group, the world's most indebted property developer with more than $300 billion in liabilities, was ordered to be liquidated by a Hong Kong court.
The first chapter, gave the primary definition of “the nature of regime, the structure of ownership, people’s property rights and so on.” [3] Heavily considering the state of the country at the time, the first part of the constitution emphasized the equality between the Han nationality and the other fifty-five minority nationalities.