china's marriage law

China's new marriage law set to stoke home sales

A new Chinese court ruling aims to dampen the obsession with property, but might only fuel the demand.
<div style="text-align: left;">
Chinese brides are no longer entitled to their husbands' property (AFP)
</div>
<div style="text-align: left;"> Chinese brides are no longer entitled to their husbands' property (AFP) </div>

In a bid to enhance traditional marriage values and restrain a rampant obsession with property, China’s supreme court ruled recently that spouses will no longer inherit property rights through marriage.

In other words, if a couple divorce, the wife would have no rights to ownership of the family home if it had been bought by the husband or, in many cases in China, by the husband’s parents, according to the new interpretation on China’s marriage law by the Supreme People’s Court.

The judicial ruling, while applauded by some for encouraging young people to focus on their prospective partner’s virtues rather than their wealth, has ignited a storm...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222