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March 23, 2007

Property rights and eminent domain in China

It makes sense that the newpaper editors from China who visited The Brooklyn Paper this week would be so interested in property rights and Bruce Ratner, the most famous serial abuser of eminent domain.

Communist China just passed private property rights on March 16. This has garnered even more publicity for the most famous holdout in the country of 1.3 billion people (give or take a 100 million).

Investors Business Daily, Beijing's Property Rights Revolution

Somewhere James Madison is smiling. China's ancestral traders are vindicated, too. Their country's communist legislature has just passed a law to protect property rights. ...
Because few political acts could more completely undermine the Marxist ideology that justified Beijing's rule since Mao Zedong's 1947 revolution, [President Hu Jintao and Prime Minister Wen Jiabao] moved the law through the National People's Congress stealthily.
The country's robust entrepreneurial class demands it, as does its burgeoning middle class, which fears arbitrary moves by political functionaries to take away recent gains. World markets themselves, prospecting for 1.3 billion customers, also expect China's legal system to mesh more reliably with the West.

Opposition comes from old-line ideologues who witness mounting corruption as party bosses assure themselves pieces of the privatized action. The graft is woefully real, but the ideologues' failure is to be blind to its remedy: even more free-market competition. Beijing, for its part, set up a classic conflict. While guaranteeing one necessary condition of freedom, it stifled another.

Agence France Press, via France24, China's 'stubborn nail' stands firm

A stubborn Chinese homeowner has become a national cause celebre for holding up a major property development in southwest China in a three-year battle to protect her house.

Wu Ping's modest two-storey brick dwelling in Chongqing city is now one of the most recognisable homes in China thanks to widely circulated pictures of the structure sitting defiantly in the middle of an excavated construction pit.

Shanghai Daily, High-profile holdout homeowner wins, for now

THE confrontation between a holdout homeowner in Chongqing Municipality against a district court and a developer will continue to hold Chinese people's attention as the court has said it will not pull down the two-story building today.

The Jiuchengpo District Court said that it won't enact its forcible house demolition verdict against the isolated house owned by Yang Wu and Wu Ping, even though the deadline for moving out passed yesterday, the Oriental Morning Post reported today.

It may take days to get an approval through legal procedures to carry out the demolition, the newspaper quoted the court as saying.

China Daily, Square "nail household" seeks round solution

Right in the middle of an excavated construction pit near the light rail station Yangjiaping in Southwest China's Chongqing Municipality stands lonely a two-storied brick building, whose pictures have been widely spread on the web forums, and has in turn caught national attention beyond the Internet.

In the afternoon of March 21, the house owner Yang Wu, a local Kungfu contest champion, used his nunchakus to build some instant staircases from the bottom of the construction site which is more than ten meters deep, and then climbed into his house, which is hailed as the "coolest 'nail household' in history" on the internet. Later, he also managed to move some food, water, bed, and even the gas pitchers to his house.

Right in the middle of an excavated construction pit near the light rail station Yangjiaping in Southwest China's Chongqing stands lonely a two-storied brick building.

Yang's wife Wu Ping said they have not been living here since October 2004, and his husband's decision to move back is to demonstrate their determination.

Ananova.com, Stranded villa to be demolished

A Chinese court has ordered that a villa left isolated in the middle of a man-made 30ft pit be bulldozed within three days.

Developers turned a house into an island after the owner refused to move out in Chongqing city, China /Lu Feng> The developers, Zhengsheng Real Estate Company and Nanlong Real Estate Co, sued Mrs. Wu and pleaded for the court to issue an order to bulldoze the house.
With the owner absent from court, the judge at Chongqing Jiulongpo district court decided that Mrs Wu must leave her villa within three days, at which point it will be torn down, reports Legal Daily.

And what are they going to build at that site? A mixed-use lifesyle center, what else.

Posted by lumi at March 23, 2007 7:12 AM