Apartment towers are seen in the southern Chinese city of Shenzhen on August 28, 2015. Photo: Reuters
update | Is China’s People’s Daily trying to talk down housing market by reminding home owners land use rights are on loan from the state?
Renewal of land-use rights is not automatic, says Communist Party newspaper
Apartment towers are seen in the southern Chinese city of Shenzhen on August 28, 2015. Photo: Reuters