Hisense Promotes Its Own Brand ACs in Africa

In recent years, Chinese manufacturers have been actively developing the African air conditioner market. This year, since persistent inflation on a global scale and energy and food crisis are exerting negative impacts on African countries, the air conditioner market is likely to show a sharp decline. In addition, other unfavorable factors such as soaring raw material prices, high sea freight rates, and exchange rate fluctuations are exerting negative impacts on Chinese air conditioner manufacturers. Moreover, certain African countries are imposing high tariffs on air conditioners and their components in order to protect local production.