FOCUS Online : How have you experienced the outbreak of the Coronavirus in China?
Stefan Weigand: First rumors about a new Virus, it was already in December. In China, people Sars have in the back of the head, we were aware that the spread of a novel disease can quickly. But the danger was not tangible.
at the end of January and then, around the Chinese new year, had arrived, the Virus in the minds of the people, many have canceled their long-planned trips to Relatives. Economically, the impact this time, but still. Around the celebration, everything is closed for about ten days, the country is already in a state of emergency.
Isolation was the top priority
FOCUS Online : when it was clear that the Coronavirus will have a severe impact on the country?
Weigand: For me, with the end of the new year holidays. I was on vacation in India and wanted to go back to China. I was not able to go without me 14 days in state-mandated quarantine. China had begun public life and the economy largely restrict. Isolation was the top priority.
I then flew in to our office to Bangkok, because I had to in the fast connection to Germany. Once there, I was surprised. In China, the exception there was a state – and in Germany? Nothing – the normal daily work, shaking hands, no face masks.
Cultural differences make it difficult to fight in Germany
FOCUS Online : you mean, we have not looked carefully enough to China?
Weigand : In February, the Virus was in Germany, little more than a rumor about something that happens somewhere, but not here. Viewed from afar, it seems to me that this is due to basic cultural Differences that manifest themselves partly in the mundane things: you Would have questioned, for example, a few months ago in Germany, people on the street, who has a mouth protection to home, so I will venture to say that almost 100 percent had held that medical staff and people from risk groups except. In China, you will confirm almost 100% that you have the protection of a Mouth.
to protect so, If no measures are taken and people are not striving at the same time, to each other, which is a bad combination.
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FOCUS Online in the Meantime, are solid measures. We suffer, the output restrictions and no-Contact orders, the economy. You are us advance – how long do we have to endure these restrictions?
Weigand: , Germany is ten weeks behind China. I would say that in China we still need six weeks to have the public life and the economy continue to gradually back – add to the ten weeks.
M&A processes will use
FOCUS Online : four months. How to survive an economy like Germany?
Weigand : You must look at the individual sectors. Take Detecon – we are a consulting company. Our daily business is to be at the customer site, and to make Workshops, or to win new customers by presenting physically present in our projects. In China, for example, we work for ten weeks in the Remote mode. This works surprisingly well, because of three important preconditions are given: a superb digital infrastructure, universal Internet platforms that really everyone uses (for example, WeChat) and an extremely strong Commitment from all sides to get the business to maintain.
This will work but not everywhere and in all industries. In aviation, for example, only the big players will survive, you will see huge loans, massive subsidies. In addition, it will come to the concentration: M&A. The strong companies will take over the weak.
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FOCUS Online , we Will no longer be found after the Shutdown of so many companies and their offerings on the market?
Weigand : A company which is basically positioned healthy and well, the future-oriented products, customers and satisfy d orders, it is short-term in liquidity problems, but in the long term, not disappear. Inefficient and questionable-positioned companies will survive. Germany’s largest money advice: Ask your question to Corona-follow
the consequences of The Coronavirus crisis, reach more also your wallet. FOCUS Online experts will answer all your questions about virus consequences for money and Job.
The money – and Job-advice
“We must trust that we are capable of learning”
FOCUS Online : Will we see nationalizations?
Weigand: With the term, nationalizations have been conducted I’m doing me as a German heavy. This is a tool that we are reluctant to make in the Hand. Temporarily, especially in strategically important industries such as the automotive sector, like government intervention in the Form of investments, a role and requirements to be linked to play.
FOCUS Online we Will learn from the crisis?
Weigand : Between 2003 Sars and Corona today, 17 years have passed. We have learned from the time of the outbreak? Are we prepared today? I’m not sure. We must trust that we are capable of learning. The Depot-a comparison of FOCUS Online (display) you can now Find your suitable Depot in the comparison
As commented on the FOCUS Online readers of this post:
“Mr. Weigand is working in China and would like to do more. An objective opinion that is not therefore. I agree with him that our government has not perceived it long and late. In China, the KP has the Virus than it would have been even reduce denied and even critics silenced. You also need to mention, if you play the know-it-alls. And mouth protection masks in China and Japan so much. In addition, China is driving the public life again.”
“Germany, this super country. We know everything better, can do everything, and failure, but when it comes to recognizing the dangers to their own people, in a timely manner and to take precautions. Mrs von der Leyen said Europe was taken by surprise by an unknown enemy. Since the spit remains is for me way if the leaders say something and think. Mr. Weigand is right when he are we, in Germany, ten weeks. And why Germany has taken for the case of no Prevention? The unknown enemy was known and no longer unknown. And today, protective masks and protective clothing for Doctors, nurses and medical staff are missing. State failure.”
see also: consequences of the Corona crash for the money and Job – Germany’s biggest advice: “I Need to work Overtime, because colleagues are sick?” Where is Coronavirus? Real-time map showing the spread of the disease, FOCUS Online/Wochit Where is Coronavirus? Real-time map showing the spread of the disease yeast dough As a base for many recipes PCP yeast succeed in dough As a base for many recipes,
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