China has had low inflation despite high growth rates. So the argument by the FM that high inflation is the price to be paid for high economic growth is disingenuous, i.e. misrepresented/not honest. Dissentious (contentious) is also a possibility. Clearly, ingenious(clever) does not fit and ingenuous (i.e. child-like/naive) seems unlikely, as the statement is made by the Finance Minister, who is expected to know this information. For the second blank, the only choices that fit grammatically are 'while' and 'though'. 'After all' has to be followed by a comma, but there is no comma in the sentence given. 'Considering' has to be followed by what you have to consider. “Considering the fact that...” is possible, as is “considering China's low inflation despite high growth rates...”. But in the given sentence construct, 'considering' is grammatically incorrect. So the correct word pair is option (d) disingenuous, though Correct Answer: D
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