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Tag: Nomura

Chinese Real Estate Firms Pressured With Pending Wage Dues and Bond Payments
Property developers in China are facing a tough time financially. Many are unable to pay their suppliers and contractors, putting existing and future projects in limbo. Some are not in a position to pay off...
China is planning to introduce taxes on properties.
China Doesn’t Have Property Taxes, But Soon It Will
Almost two decades ago, Chinese authorities began floating the idea of taxing property owners. And now, the government has begun moving in this direction. On Oct. 23, the country’s top legislature, the National People’s Congress...