{
    "success": true,
    "data": {
        "id": 1159611,
        "msgid": "chinas-market-not-impenetrable-say-businesspeople-1447893297",
        "date": "2005-10-31 00:00:00",
        "title": "China's market not impenetrable, say businesspeople",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "China's market not impenetrable, say businesspeople Consumer goods from China have penetrated all over the world market, giving the impression that its market is inaccessible. However, a handful of Indonesian businesspeople are beginning to find business opportunities in the country. Fresh from attending the second China-ASEAN Expo (CAEXPO) in Nanning in southwest China, the businesspeople say they are convinced they can carve a niche in the biggest market on earth.",
        "content": "<p>China's market not impenetrable, say businesspeople<\/p>\n<p>Consumer goods from China have penetrated all over the world<br>\nmarket, giving the impression that its market is inaccessible.<br>\nHowever, a handful of Indonesian businesspeople are beginning to<br>\nfind business opportunities in the country.<\/p>\n<p>Fresh from attending the second China-ASEAN Expo (CAEXPO) in<br>\nNanning in southwest China, the businesspeople say they are<br>\nconvinced they can carve a niche in the biggest market on earth.<\/p>\n<p>\"They now realize that we have better materials and up-to-<br>\nstandard craftsmanship,\" says George Kencana, owner of PT Sinar<br>\nSri Rejeki Utomo, a rattan furniture manufacturing company, \"our<br>\nrattan has a bigger diameter than theirs and our finishing<br>\ntouches impressed them.\"<\/p>\n<p>George, who took part in the expo for the first time, was<br>\noverjoyed with the results of his promotion in Nanning from Oct.<br>\n19 to Oct. 22.<\/p>\n<p>\"It turned out that our clients did not only come from China,<br>\nbut from countries as far away as France as well,\" he said with a<br>\nsmile.<\/p>\n<p>Rhenald Kasali, Special Assistant to Minister of Trade, who<br>\naccompanied the Indonesian businesspeople to the expo, said that<br>\nNanning is often narrowly seen as a gateway for the Chinese<br>\nmarket.<\/p>\n<p>\"In reality, it is also a gateway for ASEAN and the world<br>\nmarket,\" he said.<\/p>\n<p>Deputy Secretary-General of the Indonesian Chinese<br>\nEntrepreneur Association Richard Tan concurred, saying: \"It is<br>\ndefinitely an international promotion platform, not merely a<br>\nNanning platform.\"<\/p>\n<p>CAEXPO is set to become an annual event after beginning last<br>\nNovember, and Nanning's six-hectare exhibition ground will be its<br>\npermanent site. The expo is held simultaneously with the China-<br>\nASEAN Business and Investment Summit attended by government and<br>\nbusiness leaders from the 11 countries.<\/p>\n<p>Darwin, an expert on traditional Chinese medicine and a<br>\nbusinessman dealing in Indonesian herbal medicine, said his goods<br>\nwere all sold out at the expo.<\/p>\n<p>\"But these are promotional sales only, follow-up orders will<br>\ncome later,\" he told The Jakarta Post here.<\/p>\n<p>Darwin said he had created a special herbal concoction called<br>\nDarwin Jamu Godok (Darwin's herbal medicine) to treat diabetes.<br>\nIt made it five years ago after claiming to have a bout with the<br>\nillness himself.<\/p>\n<p>Having succeeded in treating himself with the concoction, he<br>\nlater decided to market it. Darwin said he made his herbal<br>\nmedicine entirely from native Indonesian plants.<\/p>\n<p>Asked if he was aware that he was going against the odds by<br>\nselling Indonesian medicine in a country famous for its medicine<br>\nthe world over, he said with a smile: \"There is no effective<br>\nmedicine in the world, not even in China.\"<\/p>\n<p>George and Darwin are only two among a growing number of<br>\nIndonesian businesspeople that are beginning to look at China not<br>\nas a threat but as a business opportunity.<\/p>\n<p>And this is barely a year after ASEAN countries and China<br>\nagreed to set up a free trade area by 2010. When the FTA<br>\nagreement was signed last November, some parties expressed fears<br>\nthat China would swallow the ASEAN market.<\/p>\n<p>Kasali also resented the misconception of many Indonesian<br>\nbusinesspeople about the impenetrability of China's market.<\/p>\n<p>\"The rattan and the herbal medicine businesspeople have proven<br>\notherwise,\" he said.<\/p>\n<p>Trade Minister Mari Elka Pangestu has said that Indonesia will<br>\nhave to rely on its strong points by nurturing its specific<br>\nindustries. (JP\/Harry Bhaskara)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/chinas-market-not-impenetrable-say-businesspeople-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}