当前位置 > 首页 >  新闻中心

Foreseeing 2021, Shall We Be the Brave Hearts?
 A Reflection of New Year Speech by China's Top Financial Editor Xiaobo WU(吴晓波)



Economists of China gathered and addressed the new year in Dec 30 & 31, 2020. Babel Tower were fortunate to have joined one on-site Address given by Xiaobo WU(吴晓波), influencer, top financial editor, industry watcher of China.


Jan, 2021, China’s still deeply impacted by COVID, economically and socially. The Chinese New Year is in less than a month. 1.4 billion Chinese citizens made a difficult choice –no migrating, staying where we are, no necessarily going back to the families, according to the statistics from the public transportation systems (70% of ticket sales dropped). We made the same choice as many of our friends, clients and partners have been making in the lockdowns, curfews, “stay-at-home” warrants, that is, no migrating.


“For thousands of years, mankind has faced three major existential problems: famine, plague and war”, said by the Israeli historian, Yaval Harari in his book, “A brief history of humankind”(2012). COVID-19 is a plague and has caused losses and famine. To fight it, it is a war. In this war, more than 2,03 million lives have been lost, cutting off from Jan,18, 2021, GMT+8.





“When a boulder cracks and breaks, people fear; however, the optimists see the lights when it bursts”, says the financial editor, Xiaobo WU(吴晓波). If COVID-19 is boulder is on Sisyphus’ s back, shall we panic?


Xiaobo surveyed 50 China’ top economists that 80% of them hold very optimistic view towards the recovery of global economy in 2021, with more jobs created, more than 100% increase in certain industries and the recovery probably starts from middle of 2021.


With more understandings about COVID are made, more and more people getting vaccinated while those who are on the waiting list take proactive measures for ourselves,the war against COVID is expected to end in a quicker manner. Quoting Xiaobo, lights can be seen when this “boulder(COVID)” breaks.




To have a break heart, seeing the lights is what conveyed by WU's New Year Address 2021,# Xiaobo WU: Foresee 2021# #吴晓波年终秀·勇敢者的心#