add indonesia to the list of countries reeling from cheap chinese imports.............from jakarta globe
"Erwin said that while Indonesian businesses struggle with high logistics costs, an erratic power supply, high interest rates and a perception among lenders that they are high-risk, Chinese goods were flooding the nation.
The influx of goods has contributed to a $3.5 billion trade deficit with China since January, data from the central statistics agency (BPS) showed.
The difficulty in competing has in the last five years caused the number of medium- to large-sized companies to dwindle. Erwin cited another BPS statistic that showed the number of such companies had fallen from 29,500 in 2006 to 25,000 now"..............READ MORE
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