Wednesday 12:26
Weak internal demand from China, not American tariffs, is the main reason for the surplus of Chinese products in the EU, which affects local manufacturers.
Raluca Ioana Draghici
Economy
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According to the Economic Bulletin of the European Central Bank, weak domestic demand in China is the main factor contributing to the surplus of Chinese products in European markets, sold at dumping prices. This negatively affects domestic producers in the EU. Although pressures have increased for the European Union to take action against imports from China, the ECB emphasizes that the increase in Chinese exports to the EU began before the recent trade tensions and coincides with a decline in domestic demand in China, which started in 2021 due to the real estate crisis. This situation has led to a reduction in housing investments and negatively impacted the Chinese economy.
Sources
BCE avertizează: Excedentul de produse chineze afectează producătorii europeni
Vânzarea mărfurilor din China la preţ de dumping a început înaintea taxelor vamale americane (BCE)
BCE: Chinezii îşi vând produsele la preţ de dumping în Europa din cauza cererii scăzute de pe piaţa internă
BCE: Intrarea produselor „made in China” pe piața UE la prețuri de dumping a început înainte de majorarea tarifelor ale SUA
Un nou raport al BCE acuză China că face dumping în Uniunea Europeană de ani de zile, cu mult înainte de impunerea taxelor vamale americane
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