A miss for swiss?
By Sun Yuanqing | China Daily | Updated: 2015-01-30 07:45
The impending rise of the Swiss franc has not caused a rush among Chinese to buy luxury watches, Sun Yuanqing reports. Sun Yuanqing
Swiss watch sellers in mainland China say there has not been much difference in sales so far since the Swiss franc's sudden surge on Jan 15, although dealers in Hong Kong and Singapore have reported a rush of business.
Swiss watchmakers have been planning price hikes to counter the ascent of the Swiss franc since the Swiss National Bank decided to remove the cap on the franc-euro exchange rate.
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