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Chinese land grants are limited in time. For instance residential leases last 70 years.[1] This means that the first leases granted after the communist revoluti
by ginko 4y ago
Chinese land grants are limited in time. For instance residential leases last 70 years.[1] This means that the first leases granted after the communist revolution in 1949 are going to run out in 6 years.
[1] https://en.wikipedia.org/wiki/Property_law_in_China#Obtaining_land_use_rights https://en.wikipedia.org/wiki/Property_law_in_China#Obtainin...