Taking ownership from scratch
By Yan Yiqi | China Daily | Updated: 2014-08-20 07:10
Before the Island Protection Law was launched in 2010, some investors had already turned their eyes on uninhabited islands.
Zhao Sheng, a professor with Zhejiang Ocean University, said that there were two peaks in the leasing of uninhabited islands in China. One was in the late 1990s, and one was around 2003.
"Both investment peaks did not benefit the islands. On the contrary, overdevelopment destroyed many precious island resources," he said.
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