Saturday, October 11, 2008

China may let farmers sell land use rights --

http://www.nytimes.com/2008/10/11/world/asia/11china.html?th&emc=th

What the farmers have is called a usufruct or land-use right, they don't actually own the land.

This was the cornerstone of Deng Xiao Ping's successful economic reforms which began in 1978.

Kyi May Kaung