China has announced that it maybe, probably will pilot a property tax in three large localities in the next year or so. ( read original story ...)
Why China’s property tax plan is a key pillar in its ‘common prosperity’ drive
China's plan to introduce property taxes for unspecified regions over the next five years has ignited debate across the country, with some saying it could decimate local government revenue and shift ... ( read original story ...)
Stabilising Infrastructure FAI to Mitigate China’s Weakening Property Investments
Fitch Ratings-Shanghai/Beijing-27 October 2021: China is likely to accelerate infrastructure fixed-asset investment (FAI) in 4Q21, to cushion against weaker investment by property developers, says ... ( read original story ...)
Asian Stocks Down, Concerns Over Inflation, China Property Market Remain
Asia Pacific stocks were mostly down on Wednesday morning as investors remained concerned about the risk from elevated inflation and the indebted real estate sector in China. Japan’s Nikkei 225 fell 0 ... ( read original story ...)
China’s property tax will grow sharper teeth
President Xi Jinping has thrown his weight behind an unpopular but economically beneficial real estate levy. Previous experiments in Shanghai and Chongqing disappointed, so the next round of trials ... ( read original story ...)
China’s Modern Land misses bond payment; property shares drop
Modern Land missed a bond payment, the latest Chinese property developer to do so, adding to worries about the wider impact of the debt crisis at behemoth China Evergrande Group , and dragging on ... ( read original story ...)
Chinese developer Modern Land defaults on bond; property shares drop
Modern Land has missed a bond payment, the latest Chinese property developer to do so, adding to worries about the wider impact of the debt crisis at behemoth China Evergrande Group , and dragging on ... ( read original story ...)