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China reassures homeowners worried about land rights

Some Wenzhou homeowners told they won't have to pay fee to extend rights to land under their houses

Chinese officials' assurance comes after Wenzhou's local government told some homeowners whose 20-year land leases had expired that they would have to pay a large fee to renew.


CHINA has clarified for the first time a closely watched issue of land rights that has caused uncertainty for the millions of Chinese who park their wealth in their homes.

Chinese officials said a group of homeowners in Wenzhou, an eastern city, would not have to pay a fee...

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