Yahoo! News - Constitutional Amendment Proposed in China
BEIJING - China's leaders sent its legislature a proposed constitutional amendment on Monday to protect private property for the first time since the 1949 communist revolution — a key step toward cementing the status of capitalism in a nation undergoing radical change.

Approval seemed certain. Communist leaders who control the legislature already have endorsed private property as essential to pushing ahead economic reforms that have let millions of Chinese lift themselves out of poverty.

Look out, here comes China.