Indonesia's Textile Challenge: China's Predatory Pricing

Reporter: Diki Mardiansyah | Editor: Syamsul Azhar

KONTAN.CO.ID - JAKARTA. The local textile industry is on the brink due to the onslaught of cheap imported textile products from China. One of the sales channels for these imported textiles is online, practicing predatory pricing.

As known, the Minister of Cooperatives and SMEs (MenkopUKM) Teten Masduki suspects, there is a practice of predatory pricing or selling at a loss, especially for goods from abroad, which has hit the domestic textile industry.