China home-appliance sales fall 9.9% as domestic demand weakens
AI Summary- Chinese home-appliance companies pursued overseas, B2B and new-product demand as domestic sales weakened.
- 425 billion yuan in first-half retail sales represented a 9.9% year-on-year decline.
- Haier, Gree and Hisense reported declines, while Midea, TCL, Roborock and Ecovacs grew.