GPS News  
TIME AND SPACE
Hong Kong and China fuel Swiss watch export boom

by Staff Writers
Geneva (AFP) Oct 22, 2010
Swiss watch exports grew by more than a quarter in September, as sharp growth which began last December showed no sign of slowing especially in Hong Kong and China, industry data showed on Thursday.

"Hong Kong remained one of the most dynamic markets for Swiss watch exports," the Swiss watchmaking federation said, as demand there soared by more than than 50 percent last month.

"China stayed close to its average over recent months and remained one of the most attractive destinations for Swiss watch manufacturers from January to September," it added in a statement.

Global nine month exports grew by 20.8 percent compared to the same period last year, reaching 11.3 billion Swiss francs (11.7 billion dollars, 8.4 billion euros).

In September alone exports worldwide reached 1.4 billion Swiss francs.

Other top markets included the United States, while France was the leading European market.

Although the rising price of gold boosted the value of luxury watch exports, the Swiss watchmakers federation said the overall rate of increase in the number of timepieces exported outstripped growth by value.



Share This Article With Planet Earth
del.icio.usdel.icio.us DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook



Related Links
Understanding Time and Space



Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


TIME AND SPACE
Qing Dynasty clock collection sings again
The Hague (AFP) Oct 14, 2010
Restored Qing Dynasty musical clocks designed to delight emperors in the Forbidden City and never seen outside China will go on display from Saturday at Utrecht's Speelklok museum. The clocks stored in the Forbidden City's Palace Museum were silent for decades until a team from the Utrecht museum began working with Chinese experts to restore them three years ago. "This exhibition is the ... read more







TIME AND SPACE
Human Activities Overload Ecosystems With Nitrogen

Farmland the size of Italy lost each year: UN report

No cloned steaks on EU plates

Canada to sell potash to China for 2.2 billion dollars

TIME AND SPACE
Intel to invest up to 8 billion dollars in US chip plants

Intel posts three billion dollar quarterly net profit

Motorola sues Apple for patent infringement

Intel to spend 2.7 billion dollars on Israel plant upgrade

TIME AND SPACE
Aeromexico Operates Its First "Green Flight"

India mulls Boeing Globemaster III deal

Boeing Projects 90 Billion Dollar Commercial Airplanes Market In Russia And CIS

War games pits Eurofighter against Su-30

TIME AND SPACE
Nissan starts production of zero-emission Leaf electric car

Toyota recalls 1.5 million cars over brake fluid leak

China carmakers' plans raise overcapacity concerns

Daimler aims for huge sales boost in China

TIME AND SPACE
Obama: US a 'pushover' on trade with nations like China

Peru seeks to fast-track gold, sliver mine

China ties cause widening income gap in Taiwan

Wealthfront lets regular folks invest like the rich

TIME AND SPACE
Brazil mulls land auction to beat logging

Footage shows land clearing threatens Indonesia tigers: WWF

Litter collected, trees planted for global climate campaign

Deforestation examined in U.N. report

TIME AND SPACE
China launches own version of Google Earth

Prototype NASA Earth Camera Goes For Test Flight

TanDEM-X And TerraSAR-X Imaging Etna While Flying In Formation

NASA Watches Typhoon Megi Dump Heavy Rain

TIME AND SPACE
Australia's PM launches new bid to price pollution

Australian PM welcomes BHP carbon tax call

Don't wait for US on cap-and-trade, OECD urges Canada

Australia hopes for carbon capturing 'sponges'


The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement