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.
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
Read the full story: China eyes property ownership
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