Hong Kong is where the East meets West. It has been a melting pot of cultures, where many luxury brands have found their safety nets. There is nothing in Hong Kong you won’t find, including beautifully designed jewels, gemstones in variegated colours and of course diamonds. However, in the past few months, the city has been awash with crises. Following the antigovernment protests, the dreaded coronavirus is not just harming people, it is taking the flourish out of HK’s economy. A usually packed Kowloon is now deserted, as offices and factories remain closed. What’s more problematic in all this is the effect all of this is having on the Indian G&J trade reports Diamond World
China is a nucleus in the global economy. It is a manufacturing centre that contributes almost 16 per cent to the global gross domestic product. Hence, when the country is being overrun by a super-spreader like coronavirus, certain amount of collateral damage was expected. And Hong Kong, one of the main centres for gems and jewellery globally, is not too far away from Wuhan, the city where this dreadful virus first germinated. About 3350 manufacturing companies import and export precious jewellery in Hong Kong.
Diese Geschichte stammt aus der January - February 2020-Ausgabe von Diamond World.
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Diese Geschichte stammt aus der January - February 2020-Ausgabe von Diamond World.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
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