NOS reported. <\/a>Dutch and European business groups warn that the aggressive pricing could cripple local industries. Chemicals and machinery show the steepest increases. Imports of one group of chemicals rose more than 36 times compared to last year, while prices plunged 95 percent. Industrial robot imports nearly octupled, with average prices down 29 percent.<\/p>\nThe Dutch trade group EvoFenedex called the figures \u201cworrying.\u201d FME, the technological industry association, reported machines offered at more than 50 percent below European A-brand prices, with discounts in some cases reaching 40 percent below the original offer. \u201cThis points to an aggressive pricing strategy,\u201d a spokesperson said.<\/p>\n
Dutch entrepreneur Remco Valk, who sells welding robots, told NOS that Chinese competitors have not only cut prices but stepped up social media marketing.<\/p>\n
The sector counted more than 451,000 companies last year, triple the number in 2020, leading to overproduction and price wars. Even President Xi Jinping has warned that steep price cuts are harming China\u2019s economy.<\/p>\n
The European Commission is monitoring Chinese imports, especially chemicals and machinery, but has not taken broad measures. Some protections already apply: electric vehicles face 45 percent duties, while parquet and plywood are taxed between 21 and 62 percent.<\/p>\n
Importers say such tariffs raise costs. \u201cI understand that the EU wants to defend European factories,\u201d Alex Oldyck of Dutch plywood importer De Gouw Handelmaatschappij told NOS. \u201cBut in some cases this drives prices up enormously, and European producers do not always provide a suitable alternative.\u201d He added that European factories are often at capacity, forcing importers to look to other Asian suppliers such as Indonesia or Malaysia.<\/p>\n","protected":false},"excerpt":{"rendered":"A flood of low-cost Chinese imports is hitting Europe, with shipments of some products multiplying more than twentyfold…\n","protected":false},"author":2,"featured_media":93220,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101],"class_list":["post-93219","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/93219","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=93219"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/93219\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/93220"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=93219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=93219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=93219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}