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Chengdu, in the south west of China, said it will move to ensure developers receive funds from presold properties and fresh loans, in the first such move by a Chinese city to ease a liquidity... | November 24, 2021
The pilot real estate tax to be levied in select regions in the coming five years will not only help stabilize housing markets in trial cities, but also advance the nation's property taxation legislation and reform, which are beneficial to the stable and healthy development of the sector over the long run, said industry experts.
World News - SHANGHAI: The top decision-making body of the Chinese Parliament said on Saturday it will roll out a pilot real estate tax in some regions, the official Xinhua news agency reported. The State Council, or Cabinet, will determine which regions will be... Read more at www.tnp.sg
SHANGHAI -The top decision-making body of the Chinese parliament said on Saturday it will roll out a pilot real estate tax in some regions, the official Xinhua news agency reported....
China’s September new construction starts slumped for a sixth straight month, the longest spate of monthly declines since 2015, as cash-strapped developers put a pause on projects in the wake of tighter regulations on borrowing. New construction starts in September fell 13.54% from a year earlier, the third month of double-digit declines, according to Reuters ...