China is likely to set a target for new local-currency loans at about 6-7 trillion yuan next year, a lower ceiling than this year, local media reported, citing several unidentified sources.
Chinese banks are on track to overshoot this year's new credit target of 7.5 trillion yuan ($1.1 trillion) after they lent 6.9 trillion yuan in the first 10 months.
New energies to lead copper growth> 
