July 13 (Bloomberg) — Jim McCafferty, a Hong Kong-based Asia research product manager for Royal Bank of Scotland Group Plc, talks about China’s economy, stock market, and central bank monetary policy. China’s economy grew at a slower pace last quarter, a moderation that may ease inflation pressures in the world’s second-biggest economy. McCafferty spoke with Rishaad Salamat on Bloomberg Television’s “On the Move Asia.” (McCafferty’s interview took place before China announced economic growth data. Source: Bloomberg)