(DOWNLOAD) "Mortgage Law in China: Comparing Theory and Practice (Symposium: A Festschrift in Honor of Dale A. Whitman)" by Missouri Law Review * eBook PDF Kindle ePub Free
eBook details
- Title: Mortgage Law in China: Comparing Theory and Practice (Symposium: A Festschrift in Honor of Dale A. Whitman)
- Author : Missouri Law Review
- Release Date : January 22, 2007
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 371 KB
Description
I. INTRODUCTION China is in the puzzling position of developing free markets while still nominally subscribing to Communist ideology. (1) Nowhere is this tension more evident than in its real estate sector. (2) Developers are building award-winning office towers, modern shopping malls, and five-star hotels, and tens of millions of urban families are scraping together the money to buy their own apartments. (3) At the same time, Communist doctrine prohibits private ownership of property, and all land in China still is owned by the state or by agricultural collectives. (4) This doctrinal confusion does not seem to be holding back the real estate market, particularly in China's major cities, which have been booming for most of the last two decades.
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