China State Researcher Sees Little Room to Raise Rates, Securities Reports

China has little room to raise interest rates, said Ba Shusong, deputy director-general of the Financial Research Institute at the State Council’s Development Research Center, according to the Shanghai Securities News.

Economic growth may slow in the second and third quarter and the government will focus on growth after inflation peaks, the newspaper cited Ba as saying.

To contact the reporter on this story: Jian Guo Jiang in Shanghai at jjiang@bloomberg.net

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