Land reforms have been critical to the development of Chinese
capitalism over the last several decades, yet land in China remains
publicly owned. This book explores the political logic of reforms
to land ownership and control, accounting for how land development
and real estate have become synonymous with economic growth and
prosperity in China. Drawing on extensive fieldwork and archival
research, the book tracks land reforms and urban development at the
national level and in three cities in a single Chinese region. The
study reveals that the initial liberalization of land was reversed
after China's first contemporary real estate bubble in the early
1990s and that property rights arrangements at the local level
varied widely according to different local strategies for economic
prosperity and political stability. In particular, the author links
fiscal relations and economic bases to property rights regimes,
finding that more 'open' cities are subject to greater state
control over land.
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