China planning to cut taxes on home buying: report 

China planning to cut taxes on home buying: report  …C0NTINUE READING HERE >>>

Unfinished apartments at a complex in Xinzheng City in Zhengzhouin 2023. China is looking to slash taxes on home purchases as the government strengthens fiscal support for the ailing real estate sector.
Photo: Pedro PARDO / AFP/File
Source: AFP

China is looking to slash taxes on home purchases as the government strengthens fiscal support for its ailing real estate sector, a media report said on Tuesday.

Regulators are preparing a proposal that would enable major cities such as…

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