This is easy to explain.
The $299 is a net price ex works in China, not the USA. This does not include any taxes or customs duties in your country, nor does it include shipping, handling, etc.
If a dealer offers the device in your country, they bear the entire risk for warranty and other claims, as well as all risks and shipping and handling costs.
Of course, a dealer doesn't do this for free.
Otherwise, no one is stopping you from ordering the device directly for this price. However, the entire responsibility then lies with you, and you would have to return it at your own expense for the warranty.
Excerpt from the shipping conditions:
For shipments to the rest of the world:
- Shipping costs advertised on the miniDSP website are for shipping costs only. The customer is responsible for paying all taxes and duties, including country, provincial, government, state and local sales, use, goods and services, value-added, privilege and similar levies/taxes. Please contact your local customs office to learn of your country's import fee structure.
- The customer is responsible for clearing, filling and submitting any document or process required by the destination authority such as custom, shipping carriers.