It is safer to own property in China than ever before. New

It is safer to own property in China than ever before. New legislation protects the rights of private owners and investors. China is desperately keen to maintain the phenomenal growth that it has experienced over the last few years. This growth is largely domestic, but also thanks to the huge inflow of 'foreign direct investment', or FDI. The authorities know that if they do not look after investors' interests, a large part of which is respect of personal property rights, then the flow of FDI will dry up, and economic growth will be damaged. They have every incentive to look after foreign investors, as looking after your interests is very much in their
Posted by eric at 2008-03-13 21:31:57
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Hard to Buy a House in Shanghai