This name is a synonym of Magnolia foveolata (Merr. ex Dandy) Figlar.
The record derives from WCSP
(data supplied on 2012-03-23)
which reports it as a synonym (record 126770) with original publication details: Acta Sci. Nat. Univ. Sunyatseni 1987(3): 86 1987.
Full publication details for this name can be found in IPNI: http://ipni.org/urn:lsid:ipni.org:names:932926-1.
This name was in version 1 of The Plant List, record kew-126770, and has not been changed.