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

Heavy taxes deter investment in China

Developers catering to retail buyers have to endure multiple taxes

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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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