ValueBuddies.com : Value Investing Forum - Singapore, Hong Kong, U.S.

Full Version: China ministry calls for end to forced, illegal land requisition
You're currently viewing a stripped down version of our content. View the full version with proper formatting.
If you ever chat to China people, the forced and illegal land requisition is always the top 3 of their "painful" experiences.

China ministry calls for end to forced, illegal land requisition

SHANGHAI — China’s land ministry has issued an emergency notice calling for an end to forced, illegal land requisition, the state-run People’s Daily reported yesterday, stepping up efforts to defuse one of the biggest sources of public protest in China.

The Ministry of Land and Resources called on the regional authorities to re-examine and standardise land acquisition procedures. “Illegal acts of forcible land acquisition must be severely punished,” it said.

http://www.todayonline.com/chinaindia/ch...equisition
(16-05-2013, 09:55 PM)CityFarmer Wrote: [ -> ]If you ever chat to China people, the forced and illegal land requisition is always the top 3 of their "painful" experiences.

China ministry calls for end to forced, illegal land requisition

SHANGHAI — China’s land ministry has issued an emergency notice calling for an end to forced, illegal land requisition, the state-run People’s Daily reported yesterday, stepping up efforts to defuse one of the biggest sources of public protest in China.

The Ministry of Land and Resources called on the regional authorities to re-examine and standardise land acquisition procedures. “Illegal acts of forcible land acquisition must be severely punished,” it said.

http://www.todayonline.com/chinaindia/ch...equisition

Not going to happen. The payoff from illegal land acquisition is so high that provincial officials are going to proceed as usual. At most, they would be more discreet about it.

China's top brass is willing to crack down on corruption, as long as it doesn't include themselves. For too long in Chinese history, China's government allowed corruption, and only took a tough stance against low-level officials for corruption. You won't really see any cases of the court arresting princelings or members of the royalty.

Even today, China does not have an independent judiciary system, for fear that even their top leaders can be investigated and jailed for corruption. Chinese are too used to power being centralized into the hands of a single power, or in this modern age, in the hands of a very very small group of people with similar vested interests.

Corruption in China is rampant, and it is here to stay.
have talked to many friends from China... They all agreed that corruption is everywhere...everyone is doing it. If u dont do it, u will lose out...Everyone meaning from the line managers all the way up...