China considering property protection
By David Lague
Published: March 8, 2007
BEIJING: China's Parliament began debating landmark legislation to protect private property on Thursday following a rare and lengthy public consultation that suggests the Communist Party may be willing to allow more scrutiny of controversial government policies.
The proposed law introduced to the National People's Congress stipulates that all forms of property, including the assets of individuals, the state and collectives, would be given equal protection under the law.
Chinese leaders argue that the law is crucial for the country's future prosperity as private enterprise accounts for an increasing share of output in what was formerly a centrally planned economy.
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