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NBS: China’s white goods production mixed over Jan-Oct

China’s production of the four major home appliance showed diverged results again in October, with output of air conditioners witnessing a decline of 2.1% on year or by a large 25.3% on month, according to the latest data released by China’s National Bureau of Statistics (NBS).
Last month, air conditioner output reached 13.3 million units, with the October result taking the total production over the first ten months of this year to 183.3 million units, up 6.2% on year, the data showed. Since the beginning of H2, air conditioner output continued hovering below 20 million units, a

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