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China Has Little Room to Raise Rates, Securities News Cites Ba

May 10 (Bloomberg) -- 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.

Link to Company News:{PRCH CH <Equity> CN <GO>}

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

To contact the editor responsible for this story: Gregory Turk at gturk2@bloomberg.net

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