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Chinese cooling units in high demand amid Europe’s deadly heatwave
Appliance makers Midea, Gree and TLC report surge in sales in major European markets as people around the continent struggle to stay cool.
Read more: https://sc.mp/608f44
A heatwave sweeping across Europe has triggered a massive surge in sales of Chinese home appliances, with e-commerce giant Alibaba recording triple-digit growth in orders for air conditioners and fans on its overseas platforms. Alibaba is the parent company of the South China Morning Post.
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