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The Economist | Chinese land reform: A world to turn upside down

The Economist

Chinese land reform
A world to turn upside down
Of the economic issues facing November’s plenum of the Chinese Communist Party, none looms larger than land reform in the countryside

BEIJING AND GUMIAN VILLAGE, GUANGDONG PROVINCE

MORTGAGING a village home is a sensitive issue in China. A nervous local official has warned residents of Gumian, a small farming community set amid hills and paddies in Guangdong province, that they risk leaking state secrets if they talk to a foreign reporter about the new borrowing scheme that lets them make use of the value of their houses. They talk anyway; they are excited by what is going on.

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