The editorial profile journalist, Ariel Macielanalyzed for Canal E the escalation of imports of finished products and direct competition with China, which caused alarm in the Argentine industrial sector.
Ariel Maciel pointed out that the opening of imports is no longer limited to intermediate goods, but is also making strong progress in finished goods: “The situation of imports in Argentina has made a very strong jumpIn this sense, he added that the government has used this route to try to “lower the… inflation and the Prices on different channels.”
Imbalance in products arriving in Argentina
He also highlighted current cases that illustrate this change. “We talked about the 150 municipal passenger buses that will travel through the city of Buenos Aires and that they were entirely made in China“, he recalled. In addition, he mentioned the following: “Entire warehouses are assembled from boats and they are assembled here in Argentina.”
According to Maciel, this scenario represents a profound change: “Argentine companies They are starting to compete directly with ChinaHe also said it would be logical in a global market, but “there are some issues that Paolo Rocca has raised.”
The conflict broke out over the mega-project intended to enable the export of LNG from Vaca Muerta to the world. The work requires thousands of tonnes of pipes for the land section and the underwater section. In the first tender, a Chinese company won and displaced Techint: “They are imported, they have already arrived in Argentina by ship, 5,000 tons of steel in pipes and that could have been possible in Argentina.”
The Techint group could not keep up with China
The interviewee highlighted the setback for the local company: “The Techint group presented its offer and things went pretty badwas one of those who didn’t, It wasn’t even second.“For the company, the problem is not just the price, but the impact on the entire industrial chain: “If they are imported entirely from China, the pipes, Many SMEs in Argentina that depend on the value chain will close“.
On the other hand, he explained why Chinese companies offer prices that are second to none: “They receive a lot of support from the stateMany even come from the state, they have internal subsidies, tax and financial advantages.”
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