Property tax trial will be extended across mainland

Despite fewer cities recording a rise in home prices last month, Beijing will expand a property tax trial in Shanghai and Chongqing to cover the whole country.

The move is another sign that the government is determined to cool the housing market.

via Business feed http://www.scmp.com/business/china-business/article/1042693/property-tax-trial-will-be-extended-across-mainland