Medium- and long-term corporate.........>

CHINA PRESS: Medium- and long-term corporate financing has been strengthened

while the short term funding is shrinking as the deleveraging of the financial

sector has started to work, Lian Ping, chief economist at the Bank of

Communications, said Monday in a commentary in the Financial News, a journal run

by the People's Bank of China. The growth of loans to the the property sector

has slowed, though loans for property development grew in proportion due to the

effect of  stricter regulation of the property sector, Lian noted, adding this

does not change the outlook for a slowdown of the property sector. Although

mortgage loans grew at a slower pace, short-term household consumption loans

surged by three times in the first three quarters compared with the same period

last year, indicating many of these loans are likely to being used to fund

property purchases, Lian warned, suggesting regulators should impose strict

regulations on these loans. (Financial News)