Property Tax Touted as Cure for Market’s Ills

Huang Qifan, a vice chairman of the Financial and Economic Affairs Committee of the National People’s Congress, said Thursday that China’s planned property tax “is an important reform arrangement for a healthy and sustainable housing market.” China may start to levy a long-expected property tax in the coming few years, a senior official with the top legislature’s financial … http://bit.ly/2hzwq3M

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