Word: paspaley
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...Hong Kong also enjoys its proximity to China's pearl farms, and the absence of import taxes. Annual trade shows now not only bring buyers from around the globe for China's freshwater jewels, but also auctions for the products of the world's largest saltwater producers, Australia's Paspaley and Tahiti's Robert Wang. Hong Kong is now the world's fourth largest exporter of fine jewelry behind Italy, the U.S. and India, totaling nearly $4 billion in 2005. "Hong Kong has made itself into the perfect compliment to China's dominance in pearl production," says Sonny Hung, spokesman...
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