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Thematic (Sector/Industry)

China Household durables / Thematic (Sector/Industry)

<ul><li>European customers have sparked a boom in Chinese exports of products such as electric blankets and heaters, as well as energy-intensive industrial goods</li><li>The cost of electricity on the continent has shot sky high due to embargoes on Russian gas imports by numerous European countries and the U.K. following its invasion of Ukraine</li><li>As a result, from January through July China’s exports of electric blankets to European countries jumped 97% year-on-year and electric heaters 23%</li></ul>

European customers have sparked a boom in Chinese exports of products such as electric blankets and heaters, as well as energy-intensive industrial goodsThe cost of electricity on the continent has shot sky high due to embargoes on Russian gas imports by numerous European countries and the U.K. following its invasion of UkraineAs a result, from January through July China’s exports of electric blankets to European countries jumped 97% year-on-year and electric heaters 23%

European Energy Crisis Boosts Demand for China-Made Electric Blankets