Pearls Impact on the Asian Markets
Pearls have impacted the asian markets to advance and expand because due to religious beliefs people all over the world started trading to obtain the real pearls that are found in China, Japan, and India.
In India
One of the main cities Hyderabad known as the "city of pearls" has long been one of the largest pearl industries in the world spending billions of dollars a year, diving for natural pearls, creating synthetic pearls and importing pearls from China and Japan. The pearl trade in India is growing and hundreds of years ago pearls were first traded between India and the Middle east because of religious beliefs and the pearl symbolized many the moon, purity and innocence for the Hindus, and wealth and fortune for the Muslims and Islams. Arabs would travel from the Middle East to India and trade for pearls with camels, wine, gold and papyrus. In Present day many middle eastern countries import and buy pearls from Hyderabad.
In China
Pearls have helped the markets drastically increase and expand because for thousands of years china has been trying to compete with the pearl trade in Japan, however their natural non-synthetic pearls were never perfectly round. Only until recently the chinese have found a way to make perfectly real looking synthetic pearls. They have become one of the largest pearl Industries in the entire world, China is known for producing cheaper goods, however, China has changed the way of their pearl markets and farms and are starting to produce better goods and pearls. A chinese half inch pearl went from being 4$ to now 8$. (Stina. "China's Pearl Industry" Pearl Industry N.p., n.d. Web 10. Jan 2013) The Pearl Industry is helping their economy with increasing prices. It had also helped chinese expand their trade china sells pearls to places all over the world. Japan even imports pearls from China, and so does the Middle East.
In Japan
Pearls have greatly impacted the economy and helped Japan expand its trade to other nations because Kokichi Mikimoto a noodle-maker created a way to create beautiful synthetic pearls that have helped Japan become one of the largest selling synthetic pearl industries in the world. However, not only does Japan sell synthetic pearls they also sell real natural pearls. Mikimoto's company produces over 10 million pearls a year and claim to be "high quality" and they have expanded to selling their pearls to the United States, they are opening stores in London, Paris, Bombay, and Shanghai, China. The Japanese have really grown their economy through the growing Pearl Industry.
In India
One of the main cities Hyderabad known as the "city of pearls" has long been one of the largest pearl industries in the world spending billions of dollars a year, diving for natural pearls, creating synthetic pearls and importing pearls from China and Japan. The pearl trade in India is growing and hundreds of years ago pearls were first traded between India and the Middle east because of religious beliefs and the pearl symbolized many the moon, purity and innocence for the Hindus, and wealth and fortune for the Muslims and Islams. Arabs would travel from the Middle East to India and trade for pearls with camels, wine, gold and papyrus. In Present day many middle eastern countries import and buy pearls from Hyderabad.
In China
Pearls have helped the markets drastically increase and expand because for thousands of years china has been trying to compete with the pearl trade in Japan, however their natural non-synthetic pearls were never perfectly round. Only until recently the chinese have found a way to make perfectly real looking synthetic pearls. They have become one of the largest pearl Industries in the entire world, China is known for producing cheaper goods, however, China has changed the way of their pearl markets and farms and are starting to produce better goods and pearls. A chinese half inch pearl went from being 4$ to now 8$. (Stina. "China's Pearl Industry" Pearl Industry N.p., n.d. Web 10. Jan 2013) The Pearl Industry is helping their economy with increasing prices. It had also helped chinese expand their trade china sells pearls to places all over the world. Japan even imports pearls from China, and so does the Middle East.
In Japan
Pearls have greatly impacted the economy and helped Japan expand its trade to other nations because Kokichi Mikimoto a noodle-maker created a way to create beautiful synthetic pearls that have helped Japan become one of the largest selling synthetic pearl industries in the world. However, not only does Japan sell synthetic pearls they also sell real natural pearls. Mikimoto's company produces over 10 million pearls a year and claim to be "high quality" and they have expanded to selling their pearls to the United States, they are opening stores in London, Paris, Bombay, and Shanghai, China. The Japanese have really grown their economy through the growing Pearl Industry.