Property Law to Bring Benefits but Long-Term Impact Unclear

September 28, 2007 – LAWFUEL – The Legal Newswire – Beijing – Property developers in China are set to experience some immediate improvements when the new PRC property law (“Property Law”) takes effect next Monday, but the longer-term impact of the law is still uncertain, according to international law firm Jones Day.

The Partner leading Jones Day’s Greater China construction practice, Ashley Howlett, today said that while the new law will correct many of the current legal framework’s shortcomings, the ambiguities regarding land-use rights could mean problems later down the track…

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