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Land Leases

The issue had plagued millions of homeowners in China who had their wealth tied up in the real estate.

China Renews Leases Without Charges to Ease Land Rights Fears

Dec 27, 2016 09:14 PM EST

China has issued a clarification regarding the land rights in the country. The issue had plagued millions of homeowners in China who had their wealth tied up in the real estate. The country has said that a certain group of homeowners in Wenzhou will not be required to pay an extension fee for their lands.

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