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High Risk: China’s Real Estate

In: China Business 2.0

Author

Listed:
  • Henk R. Randau
  • Olga Medinskaya

Abstract

Ultimately, real property ownership does not exist in China. Though China’s Property Law states that citizens have “the right to possess, utilize, dispose of and obtain profits from” their properties, this right is superseded by the supreme right of the state: if property ownership or transactions harm public interests or “the legitimate rights and interests of others,” the state has the right to step in.

Suggested Citation

  • Henk R. Randau & Olga Medinskaya, 2015. "High Risk: China’s Real Estate," Management for Professionals, in: China Business 2.0, edition 127, chapter 17, pages 83-85, Springer.
    • Handle: RePEc:spr:mgmchp:978-3-319-07677-5_17
    DOI: 10.1007/978-3-319-07677-5_17
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