On a constant-exchange-rate basis, sales increased 31 percent and comparable store sales rose 26 percent due to substantial growth in most countries, particularly in the greater China region.

FORBES: Tiffany Q1 Sales and Earnings Better than Expected

In the Greater China region, for example, about 95% of the companies are minnows, and most of them lack the ability to link up electronically with clients overseas.

CNN: Grandaddy of Them All

On a constant-exchange-rate basis, sales increased 45 percent same store sales increased 41 percent, due to growth in most countries with the largest increase in the greater China region.

FORBES: Tiffany Q2 Sales Up 30%, Same Store Sales Up 22%, Raises Earnings Forecast

The company is now highlighting this region by breaking out financials for Greater China separately in its results.

FORBES: Apple Is Still Undervalued But Needs A Better Emerging Markets Strategy

This process has moved forward relatively swiftly, our correspondent adds, and it represents an opportunity for the US to have a greater stake in the region and so at least partly counter the dominant influence of China.

BBC: US President Barack Obama to visit Burma