Chinese Manufacturers Looking for Profits in Overseas Market

2019-10-07
According to Cheaa.com, the export of room air conditioners (RACs) dropped in the first half of 2019, impacted by the decelerated global economy, currency depreciation in new emerging economies, and the China-U.S. trade conflict. China Customs data indicates that China exported 5.15 million units of RACs in June, growing by 0.2% year on year, while it exported 37.31 million units in the first half of the year, dropping by 7.2% year on year.
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