本期嘉宾:
霍德明 北京大学国家发展研究院教授
Terril Frantz 北京大学汇丰商学院教授
Guests:
Huo Deming, Professor of China Center for Economic Research, Peking University;
Terrill L. Frantz, Assistant Professor of Management & Director of Global Development
Peking University HSBC Business School
Story 1 China's property taxes coming soon
China's top legislature has announced plans to review is proposed Property Tax Law by early 2018.
However, no official timetable has been set for when the new property tax law may actually be brought in.
Most observers have been suggesting that may come by 2020.
Property taxes in began being levied in Shanghai and Chongqing on a trial basis in 2011.
However, their extension and expansion has been postponed, mainly due to a lack of legal backing.
Story 2 RMB to be added to SDR
Despite earlier reports suggesting a possible delay, officials with the International Monetary Fund have confirmed they still plan to formally review the idea of adding the renminbi to its Special Drawing Rights basket by the end of this year.
This comes amid earlier reports IMF is suggesting it might be better to delay the inclusion of the Renminbi into its currency basket until September of next year amid the recent volitility on the Chinese stock markets.
The IMF's Special Drawing Rights basket is a type of international reserve asset that IMF members can turn to in times of need.
It's currently made up of the U.S. dollar, the euro, the British pound and the Japanese yen.