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For more news visit ? english.ntdtv.com or Follow us on Twitter ? http Global audiences sighed in admiration at November media reports showing British royal fiancée Kate Middleton’s extravagant engagement ring. But on the other side of the world, Chinese manufacturers saw a golden business opportunity. Factory owners in the eastern Chinese city of Yiwu say replicas of the ring are selling fast. If you took a fancy to the blue sapphire and diamond-studded royal engagement ring sported by British Prince William’s fiancée Kate Middleton, why not own one yourself? For about 50 US cents you can get a strikingly similar piece made of acrylic and metallic alloys, while an extra dollars will get you a much flashier item made of zircon and silver-coated copper. Chinese jewelry manufacturers such as Zhou Mingwang thought the rings would be a hit with consumers when they saw media reports of the pair’s engagement last November. Now these royal replicas are flying off the shelves. They are a far sight cheaper than the estimated £30000 pound value of the original, with orders coming in from the United Kingdom, United States and Western Europe. [Zhou Mingwang, Mingwang Jewelry Factory Owner]: “When they announced their engagement, it was just by chance that I saw their ring on the Internet. I felt that this thing has a great commemorative value, so at that time I thought there was a good market for the product.” Manufacturers like Zhou Mingwang are located in the eastern Chinese …
