For Chinese property developers, this week marks the closing of the first month under a new tax system that could either bring a reduction in costs, or new bureaucratic headaches to the industry.
The value-added tax (VAT) was rolled out… Read More>>
Hang Lung’s Ronnie Chan Unsure When Retail Will Recover and More China Real Estate Headlines
One of the region’s most loquacious mall developers has little good to say about the region’s retail market, China’s real estate recovery continues to spread from tier-one cities to areas just next to them, and Wang Jianlin makes a big… Read More>>
Wang Wants Wanda All for Himself Again and More China Real Estate Headlines
Just 15 months after the company notched Hong Kong’s biggest IPO of 2014, China’s richest man has decided that investors aren’t giving his commercial property developer enough respect, and hopes to take the mall maker private. Plus, Greenland hopes to… Read More>>