China’s New Leaders Seen Deepening Interest-Rate Flexibility

China’s New Leaders Seen Deepening Interest-Rate Flexibility

Tomohiro Ohsumi/Bloomberg

China’s leaders, set to complete a once-a-decade handover of power at the meeting of the National People’s Congress in Beijing that ends March 17, are trying to support a rebound in growth from a 13-year-low without spurring excessive inflation or risks in the financial system.