Yingli's revenues from China doubled sequentially to 28% in the third quarter – and may soar as high as 40% in the final quarter of the year.
But the Chinese boost was not enough to offset the rapidly wilting – albeit still critical – German market, with the company’s overall quarterly revenues sliding 17% to 2.24bn yuan ($355.9m).
Yingli, like all PV manufacturers, is rapidly realigning itself for a future in which Germany is no longer capable of carrying the global market on its own shoulders.
Weak
