A major survey showed yesterday that China has surpassed the United States as the country with the largest desire for high end watches, such as Rolex or Omega.

Switzerland’s Minister of Economic Affairs, Federal Councillor Johann Schneider-Ammann, will be opening the The BASELWORLD Watch and Jewellery Show that will be running from March 8 to 15, 2012 in Basel

Check out Haute Time’s exclusive one-on-one interview with Scott Devon. Find out what new and exciting developments are happening with Devon timepieces, which watch Scott wears daily and why he is most proud of the movement in the Tread 1.

As luxury watchmakers struggle to obtain supplies of high-quality parts, French handbag maker Hermes said their watch unit has been in exclusive talks to buy all of Swiss high-end dial maker, Nateber.

Luxury Swiss watchmaker, Hublot, is set to be one of this years stars with a diamond encrusted watch that features over 1,200 individual diamonds.

Watch enthusiasts await the Baselworld every year, and as it is slowly reveiled what will be at Baselworld 2012, they can’t help but look forward to this event. Rumored to steal the watch collectors hearts at Baselworld is Christophe Claret’s X-Trem-1.

Swatch has just unveiled their latest creation – a watch for the global Occupy protest movement.

Staying true to the Bell & Ross history, the aviation collection is motivated by aircraft cockpits, where each instrument is a reference point in terms of reliability, legibility, and performance.

Patek Philippe has recently revealed their new sleek and modern website, just in time for Baselworld 2012.