Lme Copper Rose 0.9 Pct to $8,870/tonne, on Stronger Euro
Lme Copper Trims Loses of Previous Session, up 0.9 Pct As Euro Holds Ground
News: 2011-05-24 04:34:00 UTC+00

China Faces Difficulty Extending Pilot Property Tax -Senior Official

News:

  • Qin Hong, a deputy director at the housing ministry said that China will have a difficult time expanding a pilot property tax across the nation
  • China started a property tax on a pilot basis as part of efforts to rein in speculation and housing inflation
  • Many properties are exempted from the tax and in the face of significant public resistance, raising questions about the effectiveness of the new tax
Quotes:
  • "The property tax involves different parts of the society and has a complex impact on public interests, and that, along with the lack of a tax collection regime and the high cost of doing it, make it very hard to expand the tax nationwide," Qin Hong

Published: 2011-05-24 04:34:00 UTC+00 2 years, 5 hours, 9 min. ago
 
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EUR/USD
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USD/JPY
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AUD/USD
May 23 at 9:43 UTC
Last news and analytics:
Category: Forex News Wire
2013-05-23 10:24:00 GMT+00 19 min. ago
The U.S. dollar declined against the Canadian currency in the European session on Thursday. The greenback is now trading at 1.0344 against the loonie, reversing from an early Asian session's near 1-year high of 1.0392. The pair ended ...
Category: Forex Live Analysis
2013-05-23 07:46:03 GMT+00 57 min. ago
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Category: Forex News Wire
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Category: Forex News Wire
2013-05-23 09:58:00 GMT+00 45 min. ago
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2013-05-22 14:33:49 GMT+00 18 hours, 9 min. ago
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Category: Forex News Wire
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Category: Forex News Wire
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