An historic heat wave has driven unprecedented demand for Chinese-made air conditioners in Europe, underscoring the tough task Brussels faces in rebalancing trade with Beijing.

Alibaba notes surge in retail and business-to-business orders, Midea reports sharp revenue rise, and Gree sales get bump in major European markets.

Alibaba notes surge in retail and business-to-business orders, Midea reports sharp revenue rise, and Gree sales get bump in major European markets.

Asian manufacturers are reaping the benefits of Europe's deadly heat wave, which has reignited debates over installing air conditioning.

Europe's June heatwave has driven up electricity demand and wholesale power prices across the continent, highlighting the growing impact of cooling needs on electricity systems.

Europe heatwave impact: Indian manufacturers of air conditioners are gearing up to enter the European market, encouraged by surging demand for cooling products following…

Sales of portable air conditioners manufactured by Chinese companies have skyrocketed this summer, with most products out of stock in Western European home appliance stores.

Europe's infrastructure, built for cold, is struggling with record heatwaves. From buckling train tracks and melting roads to hospitals cancelling surgeries and strained power…

The brutal heat wave is nearly over, but the war over air-conditioning will continue.

Midea, Gree, Haier and others report sold-out portable units as extreme heat exposes Europe’s low household cooling penetration and difficult installation marke

To survive rising heat, Europe needs cooling. Air conditioners alone won’t cut it, argues RMI’s Lindsay Rasmussen and Ankit Kalanki.

An historic heat wave has driven unprecedented demand for Chinese-made air conditioners in Europe, underscoring the tough task Brussels faces in rebalancing trade with Beijing.