With
wildfires blazing and temperatures hitting record highs in Europe, one China-made product has never been hotter: air-conditioners. Europeans, who have been slower to adopt AC than those living in other parts of the world, are lining up outside stores and driving long distances in the hopes of
securing an AC unit as blistering summer temperatures in some areas surge past 100 degrees Fahrenheit.
Major Chinese brands Midea, Gree and Haier are reporting AC higher sales overseas, just as leaders in countries such as France, Germany and Belgium are threatening to impose tariffs on Chinese imports, which they say are damaging their own industries.