Impacts of Russia–Ukraine Crisis on China’s RAC Exports

The conflict that erupted recently between Russia and Ukraine, the most serious geopolitical conflict since the beginning of the 21st century, is impacting global politics and economies. It will also undoubtedly cast a dark shadow on the air conditioner market, especially in Russia, Ukraine, and other Eastern European countries. There is a high trade volume between China and the EU, and the conflict will affect the economic and trade exchanges between the two sides, including the export of air conditioners.