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Chinese ACs Surge
- Chinese air-conditioner makers Gree, Haier, Hisense, Midea and TCL are expanding sales across Europe.
- Exports of Chinese AC units to the EU hit $3.8 billion in H1 2026, a 43% year-on-year rise.
- TCL reports European orders rose more than two-thirds in the first half of 2026.
- EU trade deficit with China hit €98 billion in Q1 2026, prompting talks of punitive tariffs.
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