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CHINA PRESS
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).

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