The Chinese government won’t introduce a property tax this year, despite claims from academics, politicians and economists that it would help curtail the country’s soaring home prices. The annual National People’s Congress, held this month, did not feature a discussion of the topic, the Wall Street Journal reported. A NPC spokesperson said a property tax will not make it onto the legislative agenda at all in 2017. There have been concerns for months that China’s […]

Source: trdnews

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