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(AFX UK Focus) 2010-05-24 04:35 China property tax report is “unfounded” -researcher

(AFX UK Focus) 2010-05-24 04:35 China property tax report is “unfounded” -researcher
BEIJING, May 24 (Reuters) – A report that China will not introduce a property tax during the next three years was incorrect, a senior government researcher said on Monday. Chinese property shares soared 5 percent after a weekend report that Beijing would delay implementing a housing tax for at least three years, a tightening measure that analysts say would go a long way toward cooling the market …

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China property prices have stopped rising: NDRC

China property prices have stopped rising: NDRC
China property prices have stopped rising: NDRCChina property prices have stopped rising: NDRC

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China May Reverse Property Crackdown, Macquarie Says (Update3)

China May Reverse Property Crackdown, Macquarie Says (Update3)
China is likely to reverse policies cracking down on the property market because they will put the nation’s 8 percent economic growth target for this year at risk, Macquarie Securities Ltd. said.

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China Developers Fall on Latest Moves to Damp Property Prices

China Developers Fall on Latest Moves to Damp Property Prices
Chinese developers’ shares tumbled after China told banks to stop loans for third-home purchases in some of the government’s “most draconian” orders to cool property prices.

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China takes tough action to deflate property bubble

China takes tough action to deflate property bubble
Beijing has set tough new limits on bank lending amid fears the country’s booming property sector could be heading for a bust.

Read more on ABC Radio Australia