The British royal wedding of Prince William and Kate Middleton was held just a month ago and now in Yiwu, which is far away from Britain, enterprises and businessmen have calculated how much they have earned from this royal wedding.

A private enterprise owner told the journalist that approximately 5 million imitation "Prince William's wedding rings" and other related products were exported from Yiwu with an export volume of over 100 million yuan.

Considering the intellectual property rights and other legal issues, he consulted many lawyers and experts in Hangzhou and Shanghai. He said, "Strictly speaking, the product is just a kind of imitation engagement ring which is not a genuine ring but a cheap souvenir." According to a market survey, this imitation ring sells at 18 to 30 yuan. "The overseas Chinese who are my fellow townsmen in Wenzhou told me that everyone in Europe wears that kind of ring in that period," Zhou Mingwang said. "I estimated that 80-90% of those rings were exported from Yiwu.

Yiwu businessmen make a fortune from British royal wedding