Voith geared up for the long haul in China

German machinery maker sees big room for sustained business growth

Unlike most of his peers who are apprehensive about an economic slowdown, Hubert Lienhard believes that there are still several opportunities and huge potential for sustained growth in China.

Such optimism is rare, coming as it is from the head of Voith GmbH, a 147-year-old family-run company from Germany, with a rich pedigree in manufacturing and mechanical engineering and businesses spanning several sectors. Lienhard said that Voith would continue to increase its investments in the "gigantic and dynamic Chinese market".