Home / Knowledge / News / Apparel/Garments / Chinese pin down two markets to set up shop
Chinese pin down two markets to set up shop
09
Dec '09
The ASEAN-China free trade area agreement will be implemented from January 1, 2010. China's textile and clothing industries have been preparing for setting up shop in main markets of Jakarta and Surabaya in Indonesia, as reported earlier by fibre2fashion.

It is now learnt that, Chinese entrepreneurs have taken a fancy to Tanah Abang market in Central Jakarta and PasarTuri market in Surabaya, which are wholesale centres for the textile and clothing industry in the country.

President AdeSudradjat of the Indonesian Textile Association (API) said on Thursday after the meeting held by the Indonesian Chamber of Commerce, “I have even heard that Chinese entrepreneurs in the market are looking to buy a full shop floor in Tanah Abang market”.

Chinese entrepreneurs have also arranged a strategic plan. They plan to provide financial and inventory assistance or give goods on longer credit terms in a bid to penetrate the Indonesian domestic markets. AdeSudradjat said, “It seems inevitable for Chinese textile and clothing to flood into Indonesian market.”


Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search