Secret Behind China Product Success Mastering the World Market
Economy December 1st, 2009
At the time our country is struggling to boost the rupiah against foreign currencies, on the other hand, China actually experiencing pressure from the world in order to float its currency pegged assessed is too low. Fixing the value of the yuan has done this since the protests of 1994 because it was considered as the main cause lopsided price Chinese products in the world market (Sarnianto 2004). Concern that it is reasonable to see almost be said labeled products made in China medominasi world markets starting from just a pin to a sophisticated electronic device.
Many factors are pushing the Chinese economy that could be like this now, where the economic growth above the average 7% per year has led China as one of the world economic giant. Factor exchange rate certainly is not the only cause of the products with the largest population country in the world able to prevail over the world market. This of course is understandable considering that only factors that Indonesia should also be able to take mamfaat of the rupiah is very sad. Read the rest of this entry »
Japan will invest in 6 Teritory Of RI
Economy November 19th, 2009
The Government of Japan are interested in investing in the development of the six regions of Indonesia as the economic corridor and has conducted a study to map the infrastructure needs to work on the economic potential in the region.
Minister of Trade Mari Elka Pangestu expressed six economic corridor is located in East Sumatra and West Java Sea, North Java, Kalimantan, West Sulawesi, East Java and Bali and Nusa Tenggara, Papua.
“They’re interested in investing outside the now there is [such as automotive, electronics, textiles]. Investment course there is no commitment in terms of numbers. The government has not given the investment commitment,” said Mari at Istana Negara today.
Japanese government’s interest, it is clear Mari, preceded by studies that have been completed by the Economic Research Institute for ASEAN and East Asia based in Indonesia. Research which is Japanese aid is specifically made a study of economic potential of the corridor from which Indonesia is interested in the six areas will be worked out.
Japan, he said, had done the same thing is to develop Mumbai corridor which is initiated between the Government of India and Japan. Japan signed a U.S. $ 150 million in Mumbai, and the rest in private.
“So such a model [Mumbai Corridor] is expected to be developed in various regions [six economic corridors in Indonesia],” said Mari.
He added that the development of economic corridors would be in line with the development of special economic zone that will terkoordiasi between central and local governments as well as between relevant agencies.
FAO Estimate World Tea Prices Stable
Economy November 19th, 2009
World Food Organization (FAO) estimates that world tea prices in 2010 expected to be stable after reaching record highs in 2009 that based on composite price reached 3.18 dollars per kilogram.
FAO’s estimates of the information presented in the FAO issued some time ago, said Agriculture Attache Embassy Rome, Dr. Erizal Sodikin, the correspondent Between London, Wednesday.
According to FAO, world tea prices for this type of black tea to reach record highs in 2009. Based on the composite price reached 3.18 dollars per kilogram, far higher than the average price of tea in 2008 which only reached 2.38 U.S. dollars perkilo.
Dr. Erizal Sodikin, estimates that the increase is mainly caused by the drought in some major producing countries such as India tea, Sri Lanka and Kenya.
According to the Secretary of the Intergovernmental Group on Tea FAO, Kaison Chang, a few countries like India will not bernjanji plantation area expanded beyond what they already planted, it aims to maintain a balance between supply and demand of the tea world.
In the FAO statement also explained the need for high tea in the middle of a global recession now this is caused by drinking tea is a habit of spending per household is relatively small.
Erizal Sodikin said that it pulled from this report that unlike in developed countries, world tea prices are higher in developing countries will affect the market price of tea in reteil.
For example in September 2009 in India the average price of tea in the market price reteil reached 15 percent higher than the same month in 2008. In Pakistan in the same period in the market price of reteil increased about 12 percent.
Year 2010 is expected to jump in world tea prices will decline due to weather conditions return to normal for the production of this tea Chang.
ACFTA Threaten national shipping
Economy October 27th, 2009
The Ministry of Transportation asked to cut the number of open ports for exports and imports in order to reduce the negative impact the implementation of the Asean-China Free Trade Agreement (ACFTA) in the shipping sector.
Board Chairman Central Indonesian National Shipowners’ Association (INSA) Johnson W. Sutjipto assess the Asean free trade-China will have a negative impact marine transportation sector.
The influence that, according to him, due to weakening of the marketability of the products in the country, following the rise of China’s products in Indonesia, but most of the distribution of goods using ships.
Johnson said the shipment volume declined nationally threatened as China products easily into Indonesian territory through seaports that had been declared open.
“They can go anywhere via the open port so that the needs of the goods in a particular area can be directly supplied from China and the country’s transport ship. The impact of goods that had been supplied with a national board would be eliminated,” he said.
For example, Johnson said, the ship can enter the China Belawan and unload the cargo without load. After that, the ship toward the Tanjung Priok and do fit before returning to China.
In order not to lose the national ship cargo, he said, the government should immediately cut the number of open ports which now reaches 141.
Johnson considered the number of ports open too much, so the entrance is also not a little import. “Port 10 is open should be enough.”
Chinese Export Through Germany
Economy September 5th, 2009
China may have passed Germany as the largest exporting country in the world, after exports rose 17.7% last month. This figure is an increase compared to the same period the previous year, and is the first increase for 13 months after China’s exports fell due to world economic recession.
The official news agency “Xinhua” is quoted “BBC” reports the total value of exports for the year 2009 reached U.S. $ 1.2 trillion in foreign trade even during 2009 fell 13.9%. The total value of trade during the previous year’s decline in line with the global economic crisis which led to falling demand for Chinese products. But in the weeks end of 2009, an increase greater than initial estimates the value of exports in December reached U.S. $ 130.7 billion or 17.7% increase compared to December 2008.
Customs Administration of China said in 2009 the export value dropped 16% from the year 2008, while imports fell 11.2% compared to the year 2008 to U.S. $ 1.01 trillion. China’s trade surplus which is often the complaints of other countries fell 34.2% to U.S. $ 196.1 billion.
In December 2009 the export figures, then China may have passed along Germany’s total exports of this 2009.Kepastian be known in February when the official statistics published German exports.
