Get all your news in one place.
100's of premium titles.
One app.
Start reading
Caixin Global
Caixin Global

Business Brief (July 7): EU Claims Overcapacity Amid Chinese AC Boom

EU Reiterates Overcapacity Claims Amid Chinese Air-Conditioner Boom

As Chinese cooling products like air conditioners gain popularity among European consumers, the European Union reiterated claims of a massive influx of Chinese products into Europe fueled by overcapacity. In response, China’s foreign ministry urged relevant European parties to view China-EU economic and trade relations objectively, abandon a zero-sum mentality and work together to enlarge the pie of mutual benefit.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.