{"id":123422,"date":"2021-11-25T11:00:18","date_gmt":"2021-11-25T04:00:18","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-chinas-property-tax-rob-from-the-rich-and-give-to-the-poor-aiding-common-prosperity-drive\/"},"modified":"2021-11-25T11:22:18","modified_gmt":"2021-11-25T04:22:18","slug":"will-chinas-property-tax-rob-from-the-rich-and-give-to-the-poor-aiding-common-prosperity-drive","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-chinas-property-tax-rob-from-the-rich-and-give-to-the-poor-aiding-common-prosperity-drive\/","title":{"rendered":"Will China\u2019s property tax rob from the rich and give to the poor, aiding common prosperity drive?"},"content":{"rendered":"


\nThis is the second in a three-part series looking at the potential impact of China\u2019s proposed property tax law.On the fourth Friday of every month, 30-year-old Ding Xunan makes a nearly 20-hour train journey of over 1,700km from Shenzhen in southern China to Pingdingshan, a prefecture-level city in the central Chinese province of Henan to reunite with his new wife.The newlyweds are unable to afford the property prices in the big urban cities, so in 2019, car factory worker Ding bought a flat in\u2026
\n
\nSource : South China Morning Post
\nRead more…Will China\u2019s property tax rob from the rich and give to the poor, aiding common prosperity drive?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

This is the second in a three-part series looking at the potential impact of China\u2019s...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-123422","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-w6G","jetpack-related-posts":[{"id":123382,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-tax-concerns-for-chinas-homeowners-buyers-amid-xi-jinpings-common-prosperity-drive\/","url_meta":{"origin":123422,"position":0},"title":"Property tax concerns for China\u2019s homeowners, buyers amid Xi Jinping\u2019s common prosperity drive","date":"November 23, 2021","format":false,"excerpt":"\r This is the first in a three part series looking at the potential impact of China\u2019s proposed property tax law.Timing, we are told, is everything. The success of something is often related to when it happens.And after China announced plans to roll out a nationwide property tax to help\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122784,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-will-set-up-a-property-tax-pilot-plan-taking-small-steps-after-years-of-dithering-to-tame-home-prices-for-common-prosperity\/","url_meta":{"origin":123422,"position":1},"title":"China will set up a property tax pilot plan, taking small steps after years of dithering to tame home prices for common prosperity","date":"October 23, 2021","format":false,"excerpt":"\r China\u2019s legislature will enact a property tax in selected regions across the country, rolling out the pilot plan as part of a wider \u201ccommon prosperity\u201d programme to enhance housing affordability and tame runaway prices.The State Council, as the government\u2019s Cabinet is known, will select the first regions and the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":29925,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/7-things-we-learned-from-the-2016-richest-people-in-china-report\/","url_meta":{"origin":123422,"position":2},"title":"7 things we learned from the 2016 Richest People in China report","date":"October 14, 2016","format":false,"excerpt":"\r More billionaires in China than the US now Crossing the street in Shanghai, China\u2019s largest city. TonyV3112 \/ Shutterstock.com New names appeared side-by-side with veteran business magnates in the latest \u201cRichest People in China\u201d report released\u00a0Thursday by Shanghai-based luxury magazine publisher Hurun. A total of 2,056 individuals qualified in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125727,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rental-market-boom-is-a-silver-lining-for-chinas-property-sector\/","url_meta":{"origin":123422,"position":3},"title":"Rental market boom is a silver lining for China\u2019s property sector","date":"April 5, 2022","format":false,"excerpt":"\r A liquidity crisis has called into question the way Chinese developers financed and built homes, and shattered confidence among homebuyers and investors. With Xi Jinping prioritising affordable rental housing amid a \u2018common prosperity\u2019 push, however, investors could do worse than align themselves accordingly.\r \r Source : South China Morning\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121736,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dongguan-upstages-shenzhen-and-richer-cities-with-first-joint-ownership-plan-to-ease-chinas-housing-market-pain\/","url_meta":{"origin":123422,"position":4},"title":"Dongguan upstages Shenzhen and richer cities with first joint-ownership plan to ease China\u2019s housing market pain","date":"August 31, 2021","format":false,"excerpt":"\r Dongguan, the city with the fastest increase in home prices across China, is offering a co-sharing investment plan to buyers to spur home ownership in a move that resonates with the state\u2019s \u201ccommon prosperity\u201d campaign.The local government will start building homes under a joint ownership plan soon, where buyers\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107134,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-plan-for-a-tax-on-property-takes-an-unexpected-twist-thanks-to-the-trade-war\/","url_meta":{"origin":123422,"position":5},"title":"China\u2019s plan for a tax on property takes an unexpected twist thanks to the trade war","date":"May 15, 2019","format":false,"excerpt":"\r Beijing\u2019s plan to unveil a nationwide property tax could become a casualty of the escalating US-China trade war, as efforts to push ahead with draft legislation on the new levy appear to be temporarily on hold.Rising uncertainty in the international environment means that \u201cconditions are not ready\u201d for rolling\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/123422"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=123422"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/123422\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=123422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=123422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=123422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}