First-tier cities tighten property policies

In early March, Shanghai upgraded its control policies to impose a five-year ban on the resale of new houses purchased by residents who enjoy the preferential policy. It also capped the transfer ... ( read original story ...)

The Improbable Dream of the Chinese Property Tax

That suggests any actual implementation is likely to be limited. The country’s experiments with property taxes have been lackluster. Pilot schemes in Shanghai and Chongqing in 2011 differed greatly in ... ( read original story ...)