Mar 4, 2015

China plans trial program to let farmers sell land

China will carry out a groundbreaking trial program that may allow farmers to sell land, a senior official said Wednesday, a step toward liberalizing rural real estate transactions currently monopolized by the government. The ability to sell land is expected to accelerate China’s urbanization, ...

Jun 10, 2014

Land prices reflecting real demand, not speculation

A recent increase in land prices reflects growing demand from buyers seeking yield and location, unlike during the bubble economy period in the late 1980s and early 1990s, when it was speculators who drove prices higher, the government said Tuesday. In its 2014 white ...