China Unlikely to Impose Property Tax This Year

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Jan. 18 (Bloomberg) -- Wang Tao, chief China economist at UBS AG, talks about the nation's property market. China’s new home prices rose in December in the most cities in 20 months, renewing concerns that the government may issue new tightening measures. Wang speaks in Hong Kong with Rishaad Salamat on Bloomberg Television's "On the Move." (Source: Bloomberg)