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Detail
ArtikelTime for a Property Tax: China's Economy  
Oleh: [s.n]
Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 402 no. 8770 (Feb. 2012), page 11-12.
Topik: Business; Property; Property Taxes; ; Taxes; Government and Politics
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: EE29.70
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
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Isi artikelChina's economy is so huge, and its significance to the world so great, that it is easy to forget the country's property market is still in its adolescence. Two decades ago most city folk were consigned to dilapidated quarters provided by their state-owned employer. In the years since then house building has boomed and the cult of home ownership has taken a hold on the Chinese psyche. But the market has seen epic swings, and prices are now falling in many big cities. This is having a big impact on China's local governments. For local governments a fully fledged property tax would provide a stable source of revenue.
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