China Weighs Allowing Rural Land Sales to Spur Growth, But Farmers Divided on Reform Risks
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China is considering allowing rural land to be bought and sold, ending longstanding restrictions, to help narrow the urban-rural gap and stimulate economic growth.
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Advocates argue it could unleash purchasing potential and capital for hundreds of millions of migrant workers, boosting consumption.
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Critics worry it could deprive farmers of their last asset and safety net if they encounter hardship working in cities.
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There are concerns it could spark real estate speculation in rural areas or leave farmers vulnerable to having land bought up.
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There is no consensus yet among farmers surveyed on whether such reforms should move ahead, signalling policies should remain steady for now.