
China’s Revenue Slumps 41% on Tax Cuts to Counter Covid Pains
China’s general fiscal revenue plunged 41% in April as the government gave money back to taxpayers to help businesses weather the impact of Covid curbs that have weighed on the economy.
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China’s general fiscal revenue plunged 41% in April as the government gave money back to taxpayers to help businesses weather the impact of Covid curbs that have weighed on the economy.
Land Securities Group Plc achieved record office leasing in 2021 as demand for the best city center space bounced back after the lifting of most Covid restrictions.
Here’s the key business news from London-listed companies this morning.
Chinese cities are making it easier for families with more children to own multiple properties, as authorities struggle to revive the housing market and boost birth rates.
More than 10,000 new hotel rooms will have come online since the pandemic started, almost half of which are at premium price points.
Jul 15, 2021
The Canadian Press
,OTTAWA - After the initial rush of Canadians who bought a second property to escape the city amid the pandemic, there are still plenty of would-be buyers looking to follow in their footsteps.
However, borrowing for a vacation property can differ from the typical home buying process, experts say, with more than your creditworthiness under consideration by the lenders.
A report released by Re/Max in May found that 59 per cent of those who plan to purchase a recreational property in the next year are first-time recreational property buyers.
And while the firm's 2021 recreational property report found prices are on the rise, it also said 22 per cent of those surveyed said lower interest rates have increased their ability to buy.
Donna Murphy, a mortgage agent with TGM The Mortgage Group, says it is important to work with people who are familiar with the ins and outs of cottage properties.
"Make sure who you're working with has your best interest and knows what you're looking for and what your short term and your long term goals are," Murphy said.