How real estate developing business is possible in China?
Posted on January 15th, 2010 in 875 | 1 Comment »
American asked:
How real estate developing business is possible in China? it is a Communist state.
Colorado Real Estate
How real estate developing business is possible in China? it is a Communist state.
Colorado Real Estate
One Response
Vancouver WA Real Estate
China is not communist anymore, they allow free market and private ownership of capital, which includes land.
“Communist party” still controls the government, but that’s political dictatorship rather than an economic system.