CHina post from the weekend: China's State Council to implement a new property tax
This is getting some play now across various media sources.
For example:
China to expand property tax trial to check speculation
- China is set to expand pilot property tax reforms, state media reported, as the government battles real estate speculation in the world's second-biggest economy.
- China's top legislature, the National People's Congress Standing Committee, on Saturday approved the latest plan to promote "rational housing consumption",
- Further details, such as its start date and target areas, are expected to be disclosed at a later date.
