China Inflation Over 3.5% May Prompt Rate Rise, NDRC’s Chen Says

China Inflation Over 3.5% May Prompt Rate Rise, NDRC’s Chen Says

Tomohiro Ohsumi/Bloomberg

A butcher sells pork at a market in Shanghai. An acceleration in inflation in the second half and excessive investment from local governments after this month’s annual meeting of the national legislature are the two biggest risks to China’s economy, Chen Dongqi said.