China's new real estate registration system will cover disputed waters and islands in the South China Sea, according to an exclusive report from the Beijing-based Economic Observer.
Citing sources from the newly established Real Estate Registration Office of China's Ministry of Land and Resources, the report said all territory regarded as part of China will be subjected to the new land rights system, with real estate owned by enterprises and residents living on seas and islands within Chinese territory afforded legal protection.
Specifically, the new land registration regulations stipulate that "real estate" refers to "land, sea and subsidiaries houses and other buildings, structures and forests, trees and other fixed objects."
Read the full story at Want China Times