China's long-overdue plan to roll out a property tax, to curb speculative buying as well as to boost local government revenues, came under the spotlight again during the recent annual parliamentary session in Beijing.
Several senior officials signalled that work on passing a law to collect property tax would be sped up, sparking speculation that draft legislation could be put up for review this year and triggering a drop in Chinese property shares.Enjoy unlimited access to ST's best work Subscribe Now
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