Gianclaudio Torlizzi

Gianclaudio Torlizzi stated that China was resorting to dumping to weaken the European industry, causing factory closures and replacing them with Chinese plants. He added that afterwards, prices would rise and companies would receive subsidies to avoid layoffs. #Cina #Industria #Economia (translated)

Gianclaudio Torlizzi reported having met the day before with a client, a small and medium-sized enterprise in the mechanical sector with a turnover of 30 million, whose ten-year plan involved reducing employees from 100 to 20. According to what he wrote, the company would gradually abandon commodity products to focus on niche products with very high added value, entrusting the rest of the production to countries outside the EU. Torlizzi asserted that the entire industry would follow this direction and wondered what would happen to the unemployed. He added that a press produced in China cost a third of one made in Italy, and stated that Brussels did not want to address these issues. #Industria #Occupazione #PMI (translated)