Indonesian Political, Business & Finance News

Archive: 13 June 2024

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Illegal Chinese Imports Undermine Indonesian Manufacturing and Jobs

Illegal cheap Chinese imports flooding Indonesian markets at prices as low as 25,000 rupiah are severely undercutting local garment producers and driving massive job losses—approximately 360,000 workers were laid off in the textile, garment, and footwear sectors in 2023 alone. Beyond the economic damage, these non-compliant products violate Indonesian regulations, pose health risks, and deprive the government of hundreds of billions in tax revenue. Despite safeguard duties implemented since 2021