I've read that there was a big dip in Swiss watch exports when China started ramping up it's anti-corruption campaign.
I have a Kazakh-American friend who did some contract work as a pipeline welder in Kazakhstan who told me all of the watch shop windows in Astana would empty out every time large oil/gas deals were being signed.
This segment of the luxury goods market is indeed very interesting.
I have a Kazakh-American friend who did some contract work as a pipeline welder in Kazakhstan who told me all of the watch shop windows in Astana would empty out every time large oil/gas deals were being signed.
This segment of the luxury goods market is indeed very interesting.