The head of a leading Chinese property portal has taken the unusual step of commenting on a British tax policy - the new stamp duty surcharge announced by Prime Minister Theresa May last weekend. "It's wrong on the facts and destructive to the property markets. We expected legislation to more effectively detect and prevent prohibited investments by corrupt businesspersons from countries like Russia, but not something as broad and harmful as a foreign buyer tax" says Carrie Law, chief executive and director of Juwai, reports Estate Agent Today (October 5 2018)
