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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

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...