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Stock impact report

China’s economy has not recovered 100% from Covid, says former central bank advisor [MSNBC.com]

Dick's Sporting Goods Inc (DKS) 
Last dick's sporting goods inc earnings: 3/10 07:30 am Check Earnings Report
US:NYSE Investor Relations: investors.dicks.com
Company Research Source: MSNBC.com
EvolveChina’s economy has not recovered 100% from Covid, says former central bank advisorPublished Wed, Jun 16 2021Yen Nee Lee@YenNee_LeeShareKey PointsChinese flag waving in front of Shanghai cityscape.Eternity in an Instant | Stone | Getty ImagesChina's policymakers are "overly aggressive" in containing debt levels, a leading Chinese economist told CNBC, while acknowledging that the economy has not completely recovered from the pandemic.China, where the coronavirus was first detected, was the only major economy that grew last year. The country reported a2.3% growth in 2020recovery in consumption lagged"Overall, I would say the economy, the Chinese economy is not 100% back to normalcy. I would say 90% back to normalcy," Li Daokui, an economics professor at Tsinghua University, toldMartin SoongCNBC Evolve Global SummitLi, a former advisor to China's central bank, said policymakers should allow the economy more time to recover before cracking down on debt. He said consumer spending has Show less Read more
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