{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-c03aa079.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-517835be.css\" media=\"all\" /\u003e\n\u003cdiv data-title='Chinese gem market remains glittering prize' data-url='/boclips/videos/5c54c562d8eafeecae16fd19' data-video-url='/boclips/videos/5c54c562d8eafeecae16fd19' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nChinese gem market remains glittering prize\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003eShenzhen - 26 February 2013AP Television News 1. Close of a sapphire and diamond necklace on display (60,300 US dollars) 2. Close of sapphire  rings (93,000 US dollars on screen left and 29,700 US dollars on screen right)3. Emerald...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003eShenzhen - 26 February 2013\u003cbr/\u003eAP Television News \u003cbr/\u003e1. Close of a sapphire and diamond necklace on display (60,300 US dollars) \u003cbr/\u003e2. Close of sapphire  rings (93,000 US dollars on screen left and 29,700 US dollars on screen right)\u003cbr/\u003e3. Emerald necklace (1,296,600 US dollars)\u003cbr/\u003e4. Wide of a collection of jewellery on display \u003cbr/\u003e5. Buyers looking at jewellery\u003cbr/\u003e6. Wide of fair with buyers looking at jewellery \u003cbr/\u003e7. Wide of Henri Istanboulian, owner of Zorab Creations\u003cbr/\u003e8. Close of jewels in display window \u003cbr/\u003e9. SOUNDBITE (English) Henri Istanboulian, Owner of Zorab Creations :\u003cbr/\u003e\"Everybody is in a positive mood, in a positive way. That's why I feel that 2013 is, we are changing a new phase and we are coming with a new phase, which is good, which is promising.\"\u003cbr/\u003e10. Ruby rings on display, pull focus\u003cbr/\u003e11. SOUNDBITE (English) Henri Istanboulian, Owner of Zorab Creations :\u003cbr/\u003e\"I think it is one of the best markets to be in today, China. Because first of all, as a population, if you think of China, it is a huge, huge market, which is the other half of the world. Second, they are into upper level into the designing, into fashion, they are so up-to-date it's unbelievable.\"\u003cbr/\u003e12. Diamond ring (5,000 US dollars), pull focus\u003cbr/\u003e13. Buyers looking at pearl necklaces\u003cbr/\u003e14. Close of pearl necklaces on display\u003cbr/\u003e15. Pearl necklaces, tilt up to buyers\u003cbr/\u003e16. Rings (both worth 4,600 US dollars), pull focus\u003cbr/\u003e17. Wide of jewellery on display\u003cbr/\u003e18. Diamond necklace (7,600 US dollars) \u003cbr/\u003e19. Wide of general manager of Dame Bijoux Mavis Poon showing jewellery \u003cbr/\u003e20. Poon, pan to jewellery \u003cbr/\u003e21. SOUNDBITE (Mandarin) Mavis Poon, General manager of Dame Bijoux:\u003cbr/\u003e\"Last year, it took our clients longer time to consider (buying our products). They would slow down their pace to open up a new retail shop, which affected our business. However, in general, our turnover is still increasing, but slower than that of before.\"\u003cbr/\u003e22. Various of rings on display\u003cbr/\u003e23. Pan from buyer from Belgium Stefan Leemans, pan to necklace\u003cbr/\u003e24. SOUNDBITE (English) Stefan Leemans, Buyer from Belgium:\u003cbr/\u003e\"2013. Well, last year was not too bad first, so we I hope we can do better even this year. We'll see how the Chinese chapter wil come into that. It will take few months of course to get a good feeling but we'll see, we have good hopes for that.\"\u003cbr/\u003e25. Buyers looking at agate\u003cbr/\u003e26. Wide of stand selling agate\u003cbr/\u003e27. Close of agate on display\u003cbr/\u003e28. Wide of of opal jewellery \u003cbr/\u003e29. Close of a opal bracelet (90,000 US dollars) \u003cbr/\u003e30. Opal brooch (40,000 US dollars), pull focus\u003cbr/\u003e31. Opal jewellery on display\u003cbr/\u003e32. Set up of chairman of GemSong Peter Vajda\u003cbr/\u003e33. Close up of gem necklace \u003cbr/\u003e34. SOUNDBITE (English) Peter Vajda, Chairman of GemSong:\u003cbr/\u003e\"The Chinese people are just learning about coloured stones. The more they learn about coloured stones, the faster they purchase once they have a confidence and a trust in how to acquire and what to acquire, at what price.\"\u003cbr/\u003e35. Various of turquoise bracelets on display\u003cbr/\u003e36. SOUNDBITE (English) Peter Vajda, Chairman of GemSong:\u003cbr/\u003e\"The taste of the Chinese is very interesting. While they are very comfortable with jade and know jade quite well, again, they are just learning about other gemstones. But, there are gemstones, that are historically part of the Chinese culture. For instance, in Buddhism, it's primarily amber, coral and turquoise.\"\u003cbr/\u003e37. Various of jewellery fair\u003cbr/\u003eThe high end jewellery market in China appears to be picking up after last year's slowdown.\u003cbr/\u003eTraders at the 11th edition of the China International Gold, Jewellery \u0026amp;amp; Gem Fair in Shenzhen say the Chinese love of modern design is one factor in encouraging sales.  \u003cbr/\u003eSapphires, emeralds, rubies and diamonds twinkle and shine at the 11th edition of the China International Gold, Jewellery \u0026amp;amp; Gem Fair in Shenzhen.\u003cbr/\u003eRings, necklaces, bracelets and other dazzling pieces are on show at the fair.\u003cbr/\u003ePearl jewellery is always popular in China and in the Asian markets.\u003cbr/\u003eFollowing an economic slowdown in China last year, exhibitors believe that their business will get back on track in 2013.\u003cbr/\u003eAmong them is owner of Zorab Creations Henri Istanboulian.\u003cbr/\u003eHe says he has high hopes for this year.\u003cbr/\u003e\"Everybody is in a positive mood, in a positive way. That's why I feel that 2013 is we are changing a new phase and we are coming with a new phase, which is good, which is promising.\"\u003cbr/\u003eIstanboulian says China is the way forward for his business.\u003cbr/\u003e\"I think it is one of the best markets to be in today, China. Because first of all, as a population, if you think of China, it is a huge, huge market, which is the other half of the world. Second, they are into upper level into the designing, into fashion, they are so up-to-date it's unbelievable.\"\u003cbr/\u003eWhile some of the jewellery is priced well into the thousands of US dollars other pieces are made from the less expensive semi precious stones.\u003cbr/\u003eMavis Poon is general manager of Dame Bijoux based in Hong Kong.\u003cbr/\u003eShe says her business has felt China's economic slowdown.\u003cbr/\u003e\"Last year, it took our clients longer time to consider (buying our products). They would slow down their pace to open up a new retail shop, which affected our business. However, in general, our turnover is still increasing, but slower than that of before.\"\u003cbr/\u003eThe fair features over 380 exhibitors from 10 countries and regions including China, Hong Kong, India, Sri Lanka, Tanzania, Thailand and the United States.\u003cbr/\u003eStefan Leemans is a buyer from Belgium.\u003cbr/\u003eHe says he is looking forward to what this year has to offer.\u003cbr/\u003e\"2013. Well, last year was not too bad first, so we I hope we can do better even this year. We'll see how the Chinese chapter wil come into that. It will take few months of course to get a good feeling but we'll see, we have good hopes for that.\"\u003cbr/\u003eTraditional jewellery such as diamonds, rubies, emeralds, sapphires and pearls still dominates the fair but jewellery made from semi-precious stones also feature at the exhibition.\u003cbr/\u003eStones such as agate and the more expensive opal are being introduced into the Chinese market.\u003cbr/\u003eChairman of jewellery distributor GemSong Peter Vajda says where certain stones are concerned confidence in China is growing.\u003cbr/\u003e\"The Chinese people are just learning about coloured stones. The more they learn about coloured stones, the faster they purchase once they have a confidence and a trust in how to acquire and what to acquire, at what price.\"\u003cbr/\u003eVajda says he thinks the Chinese market is opening up to new gems and stones.\u003cbr/\u003e\"The taste of the Chinese is very interesting. While they are very comfortable with jade and know jade quite well, again, they are just learning about other gemstones. But, there are gemstones, that are historically part of the Chinese culture. For instance, in Buddhism, it's primarily amber, coral and turquoise.\"\u003cbr/\u003eThe exhibition runs from 26 February to 1 March 2013.\u003cbr/\u003e\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='action-container flex justify-between'\u003e\n\u003cbutton aria-expanded='false' aria-label='Read more description' class='rp-full-description' type='button'\u003e\n\u003ci class='fai fa-solid fa-align-left'\u003e\u003c/i\u003e\n\u003cspan id='read_more'\u003eRead More\u003c/span\u003e\n\u003c/button\u003e\n\u003cdiv class='rp-report'\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv aria-labelledby='resource-details-heading' class='rp-info-section'\u003e\n\u003ch2 class='title' id='resource-details-heading'\u003eResource Details\u003c/h2\u003e\n\u003cdiv class='rp-resource-details clearfix'\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eCurator Rating\u003c/dt\u003e\n\u003cdd\u003e\u003cspan class=\"star-rating\" aria-label=\"3.5 out of 5 stars\" 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