China’s central bank will transfer more than one trillion yuan ($158 billion) in profits to the finance ministry this year to help fund fiscal spending and bolster the slowing economy. Economists liken it to the central bank pumping money into the economy at the risk of inflation. China’s inflation risks are building as producers pass on higher costs to consumers. The producer price index (PPI) rose 8.8 percent from a year earlier in February, data from the National Bureau of Statistics showed Wednesday. The outlook is deteriorating due to the geopolitical tensions caused by Russia’s invasion of Ukraine, which has roiled financial markets and fueled commodity prices. China International Capital Corporation (CICC) said the transfer from the People’s Bank of China represents a significant easing in monetary policy as well as a boost for fiscal spending.  The Chinese economy has started to crumble in the last two quarters, dragged down by …