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  • November 27, 2014
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Results 1 - 2 of 2 for ministry of land and resources

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  1. Business - Economy - CHINA

    Fujian to spend 326 billion yuan on projects to boost ties with Taiwan

    Posted Jan 31st 2013, 12:00am by Toh Han Shih

    ... billion yuan, according to the government website, close to the sum the province plans to spend this year. Much of local governments' fiscal revenue came from land sales, which was risky, as land sales fell significantly last year, Chovanec said. Land sales on the mainland dropped 14.6 per cent last year, according to the Ministry of Land and Resources. "That is why people ...

    http://www.scmp.com/business/economy/article/1139579/fujian-spend-326-billion-yuan-projects-boost-ties-taiwan
  2. Business - Economy - CHINA

    Experts warn on latest China stimulus package

    Posted Oct 18th 2012, 12:00am by Toh Han Shih

    ... for the stimulus came from loans to local governments, which used land as collateral, he said. "The central government has been trying to push down land prices. If land prices come down, either banks ... willing to give up that control?" In October 2008, the Ministry of Finance was struggling to find US$173 billion to support the stimulus, Goodstadt said. "The Ministry of Finance ...

    http://www.scmp.com/business/economy/article/1063516/experts-warn-latest-china-stimulus-package

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