BEIJING -(Dow Jones)- The benefits of higher interest rates in China would outweigh the costs, Ardo Hansson, the World Bank's lead economist for China, said at a briefing Thursday.

Higher interest rates wouldn't necessarily lead to capital inflows so long as the property market is cooled down, Hansson said, as a significant amount of such inflows arguably go to the property market.

-Liu Li contributed to this article, Dow Jones Newswires; 8610-8400-7713; li.liu@dowjones.com

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