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RAPAPORT… Retail sales of jewelry and other luxury items in Hong Kong
slumped in November as tourist arrivals continue to dwindle.

Revenue from jewelry, watches, clocks and valuable gifts
declined 14 percent to $731.6 million (5.67 billion) in November, according to
provisional data from Hong Kong’s Census and Statistics Department. The number
of tourists visiting Hong Kong fell 2 percent…

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