Financing risks of Chinese medium- to...>

CHINA PRESS: Financing risks of Chinese medium- to small-sized property

developers will likely emerge later this year as financing pressures are

increasing, Economic Information Daily reported. 

  - As property policies are still strict and the central government is working

to curb housing price growth, these property companies are at a disadvantage,

particularly with consolidation within the property sector accelerating, the

newspaper said, citing industry insiders; 

  - Policymakers should prevent illegal funds from flowing into the property

market, and should further guide expectations on property price and the

development of the property market, the newspaper said.