A property tax was first tried in Shanghai and Chongqing in 2011. Photo: DPA
A property tax was first tried in Shanghai and Chongqing in 2011. Photo: DPA
SCMP Editorial
Opinion

Opinion

Editorial by SCMP Editorial

Beijing should tread softly in experiment with property tax

  • It’s dangerous to burst the market bubble with a heavy tool, which is why the authorities are moving ahead cautiously

A property tax was first tried in Shanghai and Chongqing in 2011. Photo: DPA
A property tax was first tried in Shanghai and Chongqing in 2011. Photo: DPA
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