China's Rural Land Policy. "The new policy is intended to stimulate market-driven economic growth in the countryside and to narrow the enormous income disparity between rural and urban Chinese, one of the largest such gaps in the world....The new policy would allow China’s more than 800 million peasants to engage in the unrestricted trade or sale of land-use contracts, good for decades, that are given to them by the government. Adopting such a system would be a significant move toward privatization." New York Times.
posted October 13, 2008 at 11:20 a.m.
posted October 13, 2008 at 10:40 a.m.