Nation Takes Step to Ensure Rights of Property Owners

(Beijing) — China is promising to better protect private-property rights, issuing new guidelines on safeguarding tangible and intangible property as well as vowing to retry court cases in which business or individual assets may have been wrongfully expropriated.

The country’s Supreme People’s Court earlier this week issued two documents establishing the legal groundwork for additional property-right protection measures. It also ordered the retrial of controversial cases involving private assets, and called for caution in any future law enforcement actions that involve the freezing, seizing or auctioning of property.