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An investor who wants to invest or develop land or property in China must bear in mind China's property laws, most notably the property law introduced in 2007, [7] which for the first time protects the interest of private investors to the same extent as that of national interests. [8]
The law covers all of the three property types within the People's Republic of China, which are state, collective, and private which are defined in Chapter 5 of the law. Chapter 4, Article 40 of the law divides property rights into three types: ownership rights, use rights, and security rights.
Breaking a mirror is said to bring seven years of bad luck [1]; A bird or flock of birds going from left to right () [citation needed]Certain numbers: The number 4.Fear of the number 4 is known as tetraphobia; in Chinese, Japanese, and Korean languages, the number sounds like the word for "death".
China's long-mooted - and long-resisted - property tax is set to gain new momentum as President Xi Jinping throws his support behind what experts say would be one of the most profound changes to ...
China will allow cities to set their own property taxes instead of requiring them to conform to one tax regime, a senior lawmaker said on Thursday, in one of the most detailed official comments on ...
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 ...
A new law that bans citizens of China and some other countries from purchasing property in large swaths of Florida violates federal housing discrimination laws, a lawyer representing Chinese ...
Certain customs regarding good and bad luck are important to many Chinese people. Although these might be regarded as superstitions by people from other cultures, these customs are often tied to religious traditions and are an important part of many people's belief systems, even among well-educated people and affluent sectors of society.