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
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
