NYT story 3-2-17. Basically the weak Renminbi is at the heart of this and the AC figure was more of an example than the topic of the article. Still, it's an interesting fact.
One interesting point is that there are companies that export specialized or high-quality products and compete with Western companies. One such Chinese company is Broad Air Conditioning, a maker of specialized central air conditioning systems that are more energy-efficient but also considerably more expensive than most central air conditioning systems.
One interesting point is that there are companies that export specialized or high-quality products and compete with Western companies. One such Chinese company is Broad Air Conditioning, a maker of specialized central air conditioning systems that are more energy-efficient but also considerably more expensive than most central air conditioning systems.