Here is a list of the day’s latest China real estate news collected from around the web:
- Ulrich Sees China Tax Reform Amid Shift to Consumption Focus
China may implement “dramatic” tax reforms and introduce more easing measures to help boost the economy as it shifts its focus to domestic demand growth from exports, Jing Ulrich, managing director and chairman of global markets for China at JPMorgan Chase & Co. (JPM), said.
- Citigroup Says China Will Have to Ease Property Restrictions
Shen Minggao, head of China research at Citigroup Inc., talks about the nation’s economy and property market. Finance Minister Xie Xuren said the nation may expand property-tax trials, as the government prolongs efforts to cool the real-estate market, make housing affordable and limit asset bubbles.
- HK performs worst, world cities index says
Hong Kong’s residential market was the world’s worst performer in the second half of last year, as measured by the Savills World Cities Index.
- China May Expand Property-Tax Trials Beyond Cities of Shanghai, Chongqing
Chinese Finance Minister Xie Xuren said the nation may expand property-tax trials, as the government prolongs efforts to cool the real-estate market, make housing affordable and limit asset bubbles.
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