26 March 2008 20:51 [Source: ICIS news]
BUENOS AIRES (ICIS news)--Argentinean plastic goods producers are struggling to compete with rising imports from China, a private consultancy said on Wednesday at an international trade expo in Buenos Aires.
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“Some small companies in the sector have decided to stop production of some product lines to begin importing Chinese-made goods, since it’s cheaper than producing them locally,” private consultancy Ecolatina said in Spanish at the 25-29 Argenplas at the XII International Plastic Exposition in Buenos Aires.
Local industry viewed the imports as a menace, Ecolatina said.
“The Argentinean government is not reacting to this problem, and hasn’t applied any safeguard measures to protect the plastic local industry,” an industry source told ICIS news from the sidelines of the event.
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