Reporter of the Economic Business: Zhang Shoulin Editor of the Economic Business Business: Yi Qijiang
2020, which has been raging in the epidemic, is about to end. Will the world be good in 2021?
"Daily Economic News" reporter interviewed the Asia-Pacific Vice Chairman of Credit Suisse Private Bank Tao Dong , and asked him to interpret 2021 to everyone.
Image source: Photo provided by the interviewee
Tao Dong's first sentence was: In the past three years, when others asked me what the keywords for the next year were, I have been talking about "uncertainty" or "turmoil" for three years in a row. In 2021, I want to change it, this time is called "weak recovery". But this is the keyword on the surface, and the keyword on the deep is called "K-shaped recovery".
What is "K-type recovery"? That is, different economic sectors go their separate ways, falling together when they fall, and when they rebound, part of them goes up, while the other part is indifferent and even continues to decline. This trend is K-shaped.
For the recovery between different economies, Tao Dong has a special term: China versus world of ex China, that is, the world outside China and the world outside China.
In Tao Dong's view, China's performance will also be relatively excellent next year; and the performance of the US economy is exactly the opposite of China.
Daily Economic News
