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Entries from February 2008

Believe it or not China is Considering Levying Realty Property Tax

February 2nd, 2008 · No Comments

China needs to levy property tax: official(BEIJING) China should levy a general property tax to discourage
speculation and rein in runaway real estate prices, according to a
member of the central bank’s monetary policy committee.
Fan Gang’s comments in the latest issue of a Chinese Academy of
Social Sciences magazine echo concerns voiced this week by Premier
Wen Jiabao that [...]

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