China really needs a decent land tax to ease the housing bubble, encourage investors to rent out their properties instead of leaving them vacant, and provide local governments with badly needed funds so they’re not so dependent on land sales and loans that will never be paid back.
was I expecting to see “Xi Jinping liked this” or something
I’m definitely not Xi Jinping or in contact with Xi Jinping. Don’t worry, Argumate. You’re safe, for now.