Europe wants to rebalance trade with Beijing, but can't quit Chinese air conditioners

Europe Business Thu, 02 Jul 2026 17:55:29 GMT Moderate confidence — 64/100

PARIS, FRANCE - JUNE 24: Pedestrians use umbrellas to shield from the sun as record-breaking high temperatures continue in Paris on June 24, 2026 in Paris, France.
The European Union and China released a rare joint statement on Monday aimed at balancing trade between the two econ

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PARIS, FRANCE - JUNE 24: Pedestrians use umbrellas to shield from the sun as record-breaking high temperatures continue in Paris on June 24, 2026 in Paris, France.
The European Union and China released a rare joint statement on Monday aimed at balancing trade between the two econ

Sources: Cnbc