Jean-Daniel Pasche at the last general assembly meeting of the Federation of the Swiss Watch Industry in Biel on June 29, 2023. Keystone/Marcel Bieri

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Jean-Daniel Pasche, president of the Federation of the Swiss Watch Industry, believes that the takeover of Swiss watch brands by foreign groups is not a problem.

‘The arrival of foreign capital has not harmed Swiss watchmaking’ comes via ChinaTechNews.com.