China is always enticing industries to grow. The system breeds overcapacity. Joerg Wuttke More Quotes by Joerg Wuttke More Quotes From Joerg Wuttke You should actually make your assets sweat and utilise them to 100 percent, but that is not the case here, and the industrial landscape is becoming more and more inefficient, china released the mother of all credit avalanches, hence the double-digit growth and making decision makers more complacent - they thought they could outgrow the previous overcapacity problem. Joerg Wuttke industrials You should actually make your assets sweat and utilize them to 100 percent, but that is not the case here, and the industrial landscape is becoming more and more inefficient, china released the mother of all credit avalanches, hence the double-digit growth and making decision makers more complacent - they thought they could outgrow the previous overcapacity problem. Joerg Wuttke energy What's really hurting the economy is the lack of visibility, nobody has any idea when this situation is going to change. Joerg Wuttke China has to change the strategy, we had two good years. But now it's time to act differently. Zero Covid might not be Zero Covid now. Joerg Wuttke We've seen damage to our business. Joerg Wuttke We are on a ride downhill ... it’s gathering speed, i don’t see any exit ramp at this stage. Joerg Wuttke
