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Land rights
Rural reform approvedPosted by Jeremy Goldkorn on Monday, October 13, 2008 at 8:58 AM
 Giving them control of their land? The Chinese government yesterday formally ratified its decisions about boosting the country's rural economy. Although the official communiqués about the decisions were rather short on specifics, the new policies seem to include allowing peasants to sell or rent the rights to their property. The China Daily put it like this:
The New York Times article linked below is a good overview of the issues at stake. Links and Sources
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Comments on Rural reform approved
Socialism with a Chinese characteristic at its best :D
more like capitalism with chinese characteristics.
I noticed China Study Group have a new publication out called China Left Review. The first issue contains a number of articles presenting their case against land privatisation. I've not read all the articles yet but largely agree with those I have.
not suprised, leftists are against privatisation of every kind, the property law could have passed before 1998 if not for them, and they claimed it to be "unconstitutional" which is funny because no one cares about the constitution.
One would think that land/real estate developers would be opposed to this move. Perhaps even those who would like to open factories.
If the reforms are what people are hinting they may be, it would be more difficult than before to get land cheaply for development.
I wouldn't get too excited, being able to trade fixed assets can't prevent peasants from land rights abuse, nor can it create wealth, one scenario I can imagine is most peasants would sell their land for healthcare cost, ending up losing everything to few rich elites, and in turn worsening the income gap.