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Europe wants to rebalance trade with Beijing, but can't quit Chinese air conditioners

Europe wants to narrow its record trade deficit with China by October, but the bloc's worst-ever heat wave is driving unprecedented demand for imports of Chinese-made air conditioners, a telling tale

CNBC Economy

2 Jul 2026 9 hours ago 1 min read

Europe wants to rebalance trade with Beijing, but can't quit Chinese air conditioners

CNBC Economy — 2 July 2026

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Europe wants to rebalance trade with Beijing, but can't quit Chinese air condit…

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Europe wants to narrow its record trade deficit with China by October, but the bloc's worst-ever heat wave is driving unprecedented demand for imports

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