As an American, I was under the belief a Chinese national can’t purchase land in China only lease it. Hence the overseas purchases as investments. Is that understanding no longer accurate?
And I’ll note, a lot of pro Chinese posts lately.
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Cake day: July 8th, 2023
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Yes Wikipedia supports my understanding. Collectives and the state can own land. Private citizens cannot.
I’m not arguing the states method is better as it’s caused so many problems but the image is inaccurate at best.
Take my downvote
Property law in China - Wikipedia https://share.google/2lDZZ50YnuNUfTtK4