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The country shall protect in accordance with law citizens' private property rights and inheritance rights. The country may, as necessitated by public interest, expropriate or requisition citizens' private property and pay compensation therefor." It can thus be seen that China's property laws have been undergoing developments.
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.
The preamble describes China as "a country with one of the longest histories in the world. The people of all of China's nationalities have jointly created a culture of grandeur and have a glorious revolutionary tradition." [2]: 82 The preamble dates this revolutionary history as beginning in 1840. [2]: 82
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.
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 ...
Feng shui practitioners in China have found officials that are considered superstitious and corrupt easily interested, despite official disapproval. In one instance, in 2009, county officials in Gansu, on the advice of feng shui practitioners, spent $732,000 to haul a 369-ton "spirit rock" to the county seat to ward off "bad luck". [92]
China’s economy is in bad shape. ... from 25% to 15% for second-time homebuyers to support the ailing property sector, which many economists believe is the root cause of China’s numerous ...
A Hong Kong court ordered China Evergrande, the world’s most heavily indebted real estate developer, to undergo liquidation following a failed effort to restructure $300 billion owed to banks ...