China Holds Off on Property Tax as Tool to Cool Market: Video
360 views · Published 23 March 2012 · 2:27 · Indexed 30 September 2026
Channel: Bloomberg Originals · 2012 · Entertainment
March 15 (Bloomberg) -- Bloomberg's Stephen Engle reports on the Chinese government's efforts to stem gains in the nation's property prices.
Chinas real estate prices rose at the fastest pace in almost two years in February. Premier Wen Jiabao pledged Dec. 27 to tackle "excessive" property-price gains in some cities, using tools including taxes, loan rates and construction of more low-cost housing. (Source: Bloomberg)
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