Bloomberg Business

China Real Estate Register Unlikely to Expedite Property Tax

China’s move to set up a nationwide real estate registration system lays the groundwork for a property tax, though the levy is unlikely to be introduced any time soon given the fragile housing market, analysts say.

Japan Spacecraft Believed to Have Crashed on Moon During Landing

Tokyo-based Ispace Inc. said it lost contact with a lander bound for the moon and that the craft, which didn’t have anyone on board, likely crashed, a big setback for the company’s efforts in space transportation and Japan’s push into the cosmos more broadly.

US Companies in China Grow More Pessimistic About Bilateral Ties

American companies in China are increasingly pessimistic about the relationship between Washington and Beijing as geopolitical tensions escalate, even as they have a more favorable view of the nation’s economic recovery, according to a new survey.

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