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In September 2011 alone, work commenced on 1.2 million units across China; a 70% increase in the construction of social housing compared with 2010 construction. [9] By 2014, Chinese builders have added 100 billion square feet of housing space in China, equating to 74 square feet per person. Construction of urban housing was a major undertaking.
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]
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 ...
Timeline: Seven decades of Communist China 1949 - Mao Zedong proclaims the People's Republic of China in Beijing 1950 - China supports North Korea in the Korean War ... At least 100,000 Chinese ...
Timeline of Chinese history. This is a timeline of Chinese history, comprising important legal and territorial changes and political events in China and its dynasties. To read about the background to these events, see History of China. See also the list of Chinese monarchs, Chinese emperors family tree, dynasties of China and years in China.
As financing dries up and debts come due, a cash crunch leaves thousands of homes unfinished, in a crisis with implications for the global economy.
Other than in Arkansas, Florida law bans Chinese citizens from property ownership altogether. Montana banned farmland sales near military areas to six countries. Other southern states like Alabama ...
The people's commune (Chinese: 人民公社; pinyin: rénmín gōngshè) was the highest of three administrative levels in rural areas of the People's Republic of China during the period from 1958 to 1983, until they were replaced by townships. Communes, the largest collective units, were divided in turn into production brigades and production ...