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Horological Meandering

data doesnt capture visiting Chinese tourists who visit ther Wempes of Europe....

 

....and buy by the dozens. domestic sales in China attract huge punitive luxury trade, so there is a thriving grey market from Berkins to RMs. other markets like Australia, from anecdotal evidence from Richemont and Singapore ADs with Aussie presence, their largest buying group Downunder are also Chinese immigrants.

one year old...but still insightful www.ft.com .html#axzz3edI0QepD


Cheers, Horo

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