Samuel Chu of Phoenix Property Investors is open to investment opportunities on the mainland as the property market slows down, but is deterred by high taxes. Photo: Nora Tam Samuel Chu of Phoenix Property Investors is open to investment opportunities on the mainland as the property market slows down, but is deterred by high taxes. Photo: Nora Tam
Samuel Chu of Phoenix Property Investors is open to investment opportunities on the mainland as the property market slows down, but is deterred by high taxes. Photo: Nora Tam
Property /  Hong Kong & China

Heavy taxes deter investment in China

Developers catering to retail buyers have to endure multiple taxes

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Peggy Sito
Peggy Sito

Updated: 5:23am, 26 Nov, 2014

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Samuel Chu of Phoenix Property Investors is open to investment opportunities on the mainland as the property market slows down, but is deterred by high taxes. Photo: Nora Tam Samuel Chu of Phoenix Property Investors is open to investment opportunities on the mainland as the property market slows down, but is deterred by high taxes. Photo: Nora Tam
Samuel Chu of Phoenix Property Investors is open to investment opportunities on the mainland as the property market slows down, but is deterred by high taxes. Photo: Nora Tam
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