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Peru firms hurt by cheaper Chinese imports

Cheaper imports are stifling Peru's clothing manufacturers and a free trade agreement could make matters worse.

Last Modified: 06 Oct 2013 03:06
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The Peruvian economy has doubled in size over the last 10 years. 

The government says the boom is due to free-trade agreements.

But business leaders say they are unable to compete with cheap imports from China.

As a result of Chinese clothes taking over the market, at least 2,000 businesses have gone bankrupt.

Al Jazeera's Mariana Sanchez reports from Lima.

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Source:
Al Jazeera
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