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World depends on China during heat wave
Record-breaking heatwaves in Europe have led to a surge in demand for air conditioners, primarily benefiting Chinese brands such as Midea, Gree, and Haier. European consumers, historically slow to adopt AC due to costs and building restrictions, are increasingly purchasing Chinese units as global temperatures rise. This shift is contributing to China's expanding export market and highlighting a potential competitive edge in the expanding European appliance sector amid ongoing trade tensions.
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