Reuters/Kevin LamarqueWhen senior officials from Washington and Beijing meet next month to discuss a series of thorny issues, China might also try to seek clearer clues on the US Federal Reserve’s next move, ­analysts said. The prospects of a rate increase in June have risen in recent days, and talk of higher borrowing costs in the US has driven down the yuan. China’s central bank governor Zhou Xiaochuan and Fed chairwoman ­Janet Yellen are ­expected at the Beijing meeting, which will come a week ahead of the Fed’s decision on interest rates. A rate rise – or just the antici­pation of such a move – could undermine China’s fragile ­economic recovery, undo its yuan exchange-rate stability and revive a worrying trend of capital outflow from the world’s second-largest economy. China was eager to know beforehand whether the Fed was on the move, and was trying to get the ­message across that a rate rise in July was preferable to one in June, Bloomberg reported, citing unidentified sources.

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