> technically people can’t own land in China, they’re just leasing it from the government
So it works like land in the UK, which is all owned by the King of England, but which is "leased" from him?
So it works like land in the UK, which is all owned by the King of England, but which is "leased" from him?
The difference is that in one system it’s symbolic and in the other system it has practical effects to manage ownership. I don’t think the Crown can decide, “I think we’ll just stop renewing the lease on this.”
You are correct in what you said, but as I said, it works in China like it does in the UK (with of course some differences naturally). If you consider how the Crown Estate works in the UK, China works in a similar way.
[1] https://en.wikipedia.org/wiki/Property_law_in_China#Obtainin...