The argument was that in chinas transitional economy in the hey day of the township and village enterprise the collective enterprise of the new sort the reform era sort did better under a regime of ambiguous property rights. Chinas rapid economic growth during the past two decades has occurred without the systematic privatization programs once urged upon the former communist regimes of europe and the ussr some observers have argued that this shows that changes in property rights are not important in reforming a . Property rights and economic reform in china jean c oi and andrew g walder eds property rights and economic reform in china stanford stanford university press 1999 some observers have argued that this shows that changes in property rights are not important in reforming a command economy others insist that in china a faade of . Property rights in the chinese economy contours of the process of change andrew g walder and jean c oi part i enterprise ownership in village communities 2 collective enterprise and property rights in a sichuan village the rise and decline of managerial corporatism gregory a ruf 3. Property rights are one of the central issues of law and policy in chinas transi tion to a market economy chinas impressive record of steady economic growth
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