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Legal and Regulatory

Regulators declare war on under-value land
By AMY CHEUNG
Published: April 17, 2007 04:00 AM

The Ministry of Land and Resources (MLR) and the Ministry of Supervision (MS) plan to more closely examine the tendering and sale of industrial land in a bid to curb fixed-asset investment and drive up land prices to more accurately reflect rapidly growing demand. In China, industrial land has traditionally been sold cheaply by local governments eager to attract investors.

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