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Archive for September, 2006

Free Trade Agreement, China’s Economic Giant

Giant bathtub being stretched, when moving it all affected the environment. Sentence in accordance with Chinese State disrupt various countries around the world will strike a cheap product and quality. Countries, including Indonesia.

Immediately turn of the year, in late 2009, Indonesia is still confusion and objections about the need for Indonesia to meet the commitments made within the framework of a Free Trade Agreement (FTA / Free Trade Agreement) ASEAN-China as of January 1, 2010 as he had promised the Minister of Economic Affairs. Many small and medium businesses, especially the opening level of this cooperation will destroy the domestic market for SMEs.

Also as a result of the global financial crisis yesterday, states in the U.S., Europe, and many countries in other parts of the increase in protectionism, this could affect Chinese products will only flow into the Indonesian market. Currently China has become the main source of imports of Indonesia, namely 17.3% of the total non-oil imports. In contrast, China only absorb 8.7% of total non-oil exports of Indonesia. This shows, the penetration of Chinese products into our market much stronger than the penetration of Indonesian products to the State. Read the rest of this entry »

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