Jewellery shows have been one of the most challenging areas for the international exhibition industry giants in China. Taxes, awkward Customs and other issues have meant that nobody has really got any convincing major events off the ground outside Hong Kong. Interesting, then, to see this piece in the People's Daily which shows just what an important market the PRC has become for jewellery: there's nothing like those portable assets you can buy for cash as a way of concealing ill-gotten gains.
China becomes leading jewelry consumer: "The Platinum Guild International unveiled data recently which ranked China as the second largest consumer of gem products, with its over 100 billion yuan of annual sales for both jewelry and jade, second only to the US
(Via People's Daily Online.)
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