China's plan to tax home sales alarms market

Property

Thousands of people in China are rushing to either buy or sell their properties. They are trying to avoid a new capital gains tax, which is expected to go into effect next month

(Source: AlJazeeraEnglish YouTube channel)

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Room for change
A few months after buying FRHI Hotels & Resorts from investors including Qatar Investment Authority and Kingdom Holding, AccorHotels CEO Sébastien Bazin denies the hotel management firm is growing too fast. In fact, he intends to pick up the pace – especially in the GCC.

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