Abstract | Hong Kong's total exprts of jewellery edged up by one percent to HK$10.7 billion in 1998. The currency depreciation in Southeast Asian countries appears to have limited impact on Hong Kong jewellery exports. The fashion at the moment is moving towards white jewellery. Even in Europe, which is a tratitional yellow gold market, there are increases in platinum demand. With the signs of improving macroeconomic fundamentals in the region and the continued economic expansion in the United States (US) and to a lesser extent in the European Union (EU), jewellery exports in 1999 are expected to show moderate growth. To cope with the intensifying competition, an increasing number of jewellery manufacturers have established production facilities in the Mainland. |
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