China’s property tax plan is part of Xi Jinping’s so-called common prosperity campaign to redistribute wealth and to address widening social inequality. Photo: Bloomberg
China’s property tax plan is part of Xi Jinping’s so-called common prosperity campaign to redistribute wealth and to address widening social inequality. Photo: Bloomberg

Will China’s property tax rob from the rich and give to the poor, aiding common prosperity drive?

  • China’s property tax plan is part of Xi Jinping’s so-called common prosperity campaign to redistribute wealth and to address widening social inequality
  • The plan will not be implemented straight away, with a five year pilot programme set to test the proposal before it is eventually rolled out across the country

Topic |   China property
China’s property tax plan is part of Xi Jinping’s so-called common prosperity campaign to redistribute wealth and to address widening social inequality. Photo: Bloomberg
China’s property tax plan is part of Xi Jinping’s so-called common prosperity campaign to redistribute wealth and to address widening social inequality. Photo: Bloomberg
READ FULL ARTICLE