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The global AC market during the Covid-19 pandemic
Exports and sales declined in most world markets in the first quarter of 2020. As the epicentre of the epidemic shifts, some markets are managing to rebound while others are likely to register a significant decline for the year 2020.
Despite the warm weather in many parts of the world this spring, sales have been disastrous for the air conditioning (AC) market in Malaysia, the Philippines, Thailand, the United States, according to JARN.  Nevertheless,...