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COMMENTARY

Don't bet your house on China's property tax just yet

Property tax is not top of agenda for Beijing, which has other more pressing issues to deal with

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Shanghai (above) and Chongqing already have some form of property tax, but targeted at only a segment of the market.

Hong Kong

IGNORE the noise. You might not think so from the headlines, but China's long-delayed property tax is probably still at least three years away.

The concept of a levy on homeowners collected by local authorities is certainly gaining currency.

Premier Li Keqiang said

sentifi.com

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