In the southern boomtown of Shenzhen, normally docile legislators have been complaining with unusual vigour. Their worries, aired in the local media, are about the introduction on January 28th of the country's first home-ownership tax in the cities of Chongqing and Shanghai. Some Shenzhen politicians fear their city could be the next to suffer what they describe as a blow to China's growing middle class. They need not be so anxious.
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