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Divorce filings surge in China to avoid property tax.

By lostand confused (18/18 = 100% civil)   2013 Mar 10, 3:58am   ↑ like   ↓ dislike   221 views   0 comments   watch (1)   share   quote  

http://finance.yahoo.com/news/divorce-filings-china-surged-crazy-151824124.html

There are two big stories intertwined here. The first is that China is trying to curb its well-known property boom. There's a widespread belief that many markets in China are in bubble territory, and that a collapse or even a stall would be a catastrophe. What's interesting about the divorce story is the cat-and-mouse game that's played between Chinese regulators and Chinese citizens/savers/investors who search out aggressive investment returns in the nooks and crannies of the law.

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