The mainland property market may face another shake-up following the completion last week of checks by the State Council on whether provincial and city governments have been strictly enforcing controls ordered by the central government.Wednesday, 15 August, 2012, 5:34am
Beijing is mulling moves to revive an old policy exempting high-end steel sold to manufacturers of export products from a 17 per cent value-added tax, in an effort to help the steel industry reeling from widespread losses.15 Aug 2012 - 10:47pm
Property prices in London are slowing in what is being seen as signs that tax increases on properties worth more than GBP2 million (HK$24 million) are starting to bite.
In the second quarter, home values rose 0.9 per cent - the lowest level since September 2009, says prime realtor Savills.11 Jul 2012 - 12:00am
Children from a disadvantaged background still have only limited access to extra-curricular activities, despite the government's vow to usher in an equal learning environment, says an education concern group.9 Jul 2012 - 12:00am
Many people outside the mainland cling to the misconception that the Communist Party leadership, through its dictatorial rule, can easily overcome opposition and enforce difficult decisions for the overall good of the country, unlike politicians in the West, who have to pander to special interest groups.9 Jul 2012 - 12:00am
For the mainland's financial markets, government intervention at every level continues to distort prices and hamper growth.
But in some sectors, such as the local-government debt market, intervention doesn't seem like such a bad idea.27 Jun 2012 - 12:00am