As China’s consumption of gold jewellery slumps 34%, sellers pivot abroad: WGC
- Posted on September 21, 2026
- By South China Morning Post
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- 1 min read
China's gold jewellery market faces significant headwinds as consumption drops by more than one-third, prompting domestic manufacturers to explore international expansion strategies. Industry leaders are investing in cutting-edge production methods and superior craftsmanship to compete globally. This shift reflects broader economic challenges in the domestic market and signals a strategic repositioning of Chinese jewellers toward export-oriented business models and premium product offerings.
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