China should issue more targeted and....>

CHINA PRESS: China should issue more targeted and specific property policies to

regulate the property market, curb speculation while meeting demand, the

Economic Information Daily said in a commentary Friday. 

- Increased property controls in March are insufficient to help first-time

buyers and families' eager to buy bigger homes as they are also restricted by

the policies, the newspaper said; 

- Commercial banks' hikes of mortgage rates do not support people with real

demand, tax-related property policies should be specified, the newspaper said. 

***Comments: Property controls are expected to increase. As the government

traditionally likes to issue property policies during public holidays or

weekend, policies regulating differentiated mortgage rates for hard demand hone

purchasers could ensue around Labor Day holiday (April 29-May 1).