Chinese Jewelry's Enterprises Journey to Go Global
26-year-old Xiaolin plans to marry his girlfriend of five years, and purchasing gold and silver jewelry is an essential part of the wedding preparations. When he went shopping, he was shocked to find that the prices of gold and silver jewelry had skyrocketed. A ring he liked last year had already increased in price by 17% this year.
Aug 20, 2024 05:17 PM
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On April 11, the U.S. waived import tariffs on Chinese consumer electronics, highlighting China’s 3C exports. While this provides short-term relief, Latin America, with its growing population and digitalization, is poised to become the next major market for 3C brands, potentially exceeding USD 100 billion by 2028, with opportunities in Mexico, Brazil, and Argentina.
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