It isn’t so much China is doing well as everyone is doing really poorly. China just have a few silver linings that even things out a bit.
Chinese Economics Thread
- Thread starter Norfolk
- Start date
Chinese air conditioner manufacturers work around the clock as European heatwaves drive booming demand for cooling products.
The units are being rushed to Europe via China-Europe freight trains in a bid to catch what remains of the peak summer season, the company said in a statement. "We have seen robust sales growth in parts of Western Europe. Our air conditioner sales in markets with relatively low air conditioner penetration, including France, Spain, Germany and the UK all posted a year-on-year increase of more than 70 percent," Midea said.
China exported $27.2 billion worth of air conditioners in 2025, accounting for nearly 40 percent of global exports.
The units are being rushed to Europe via China-Europe freight trains in a bid to catch what remains of the peak summer season, the company said in a statement. "We have seen robust sales growth in parts of Western Europe. Our air conditioner sales in markets with relatively low air conditioner penetration, including France, Spain, Germany and the UK all posted a year-on-year increase of more than 70 percent," Midea said.
China exported $27.2 billion worth of air conditioners in 2025, accounting for nearly 40 percent of global exports.
There are many ways to invest savings in real estate. Some may turn out to be bad over time, for example, speculative investments, but investing in your own home or your children's home is very healthy. The question is, what is the structure of these investments in China? I read somewhere that China has a high proportion of people living in their own property, but I don't know the specific values.
Personally, I have limited my real estate investments to my own family.
manqiangrexue
Brigadier
What's the point? They won't allow you to turn them on when they get there!
People in the US have secret underground heroine and cocaine parties while people in Europe have secret underground AC parties where they get to just sit in an illegally air conditioned room and relax LOL. The high rollers showing off their status go to sit in walk-in freezers with their coats on!
antiterror13
Brigadier
What Japanese govt could do and retaliate that could hurt China that Chinese govt hasn't anticipated it.
But surely China has calculated the moves very deeply, no doubt
Yes, an underappreciated fact of Yuan's appreciation is that it makes imports cheaper. The Plaza Accords are a death knell because it hurts monetary sovereignty and artificially rebalances trade. Yuan's appreciation will come when it comes, and trade will likely "rebalance" for China at some point as well, but naturally. Trade frictions, rise in consumption, development of China's economy will gradually transform the economy internally.
The funny thing is that this still leaves Europe and US exporters fucked. I just don't see how they'll compete with middle economies like Vietnam, Indonesia, Mexico, or Turkey. Squeezed at the top by China and squeezed from the bottom by everybody else.