China shares fall 0.7 pct, property drags

Posted by property | Posted in Real Estate | Posted on 03-06-2010-05-2008

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China shares fall 0.7 pct, property drags
SHANGHAI, June 3 (Reuters) – China’s key stock index closed down 0.7 percent on Thursday, with falls in property shares outweighing earlier gains triggered by strong overseas markets and news of government support measures for the software sector.
Read more on Reuters via Yahoo! Asia News

China mulling property tax, but no timetable
BEIJING – A senior official with China’s powerful planning agency confirmed media reports that the country was studying a possible nationwide property tax but had no specific plan, the China Business News reported on Thursday.
Read more on AsiaOne

Property values fall across county
By Christopher Curry Staff writer The preliminary estimates of property tax values that local governments will use to build budgets and set millage rates are out, and they show values dropping for most government bodies in the county. Countywide, values are projected to drop by 4 percent to 4.5 percent.
Read more on The Gainesville Sun

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