Private Ownership Reconsidered in China

Private ownership of land, which was banned in China for the past 54 years, may be included in the country's revisions of its current constitution.

1 minute read

October 21, 2003, 5:00 AM PDT

By Connie Chung


The Chinese government continues to advocate for "pushing ahead with market reforms, elevating living standards and re-employing workers left jobless by economic reforms. But nowhere did the government...confirm what diplomats and foreign analysts expected to take place-- adding private ownership to the constitution of an ostensibly communist land that is fast embracing the free market. The hints, however, were everywhere....Private property rights are a key demand of China's entrepreneurs, and it would boost private investment."

Thanks to Connie Chung

Friday, October 14, 2005 in The Boston Globe

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