New Market Research Report: Watches in Taiwan
Taiwan experienced value growth in watches from 2010 onwards due to the liberalisation of tourism regulations for mainland Chinese travelling as a tour group which started in 2008. However, the effects were not as pronounced due to poor economic conditions at that time. These tourism regulations were further relaxed in mid-2011 to include free independent travellers from mainland China. Consequently, watch retailers reported a surge in value sales growth between 2010 and 2012, in particular for...
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