You guys have it all wrong. 400 years ago, this was a Monopoly piece. People liked the shoe and the car better, so this was discontinued. Plus, the mongols couldn't eat it or use it to kill enemies, so the market was also lost.
"Watches were not around at the time of the Ming Dynasty and Switzerland did not even exist as a country, an expert pointed out."
ah ha ha
Watch making used to be representation of technological abilities of a state. A Chinese state owned company (seagull) bought mechanical watch machining equipment from Russia back around 1950, and now produces 1/4 of the worlds mechanical watches. A typical Chinese business model...I own a Seagull watch, wouldn't able to afford a Swiss or Japanese one.
The OP cites the DailyMail, which is one of the most looked-down-upon websites in the world in terms of credibility. It is a laughing stock even among teenagers in the UK. IMHO, it should be proscribed from any respectable forum, and should certainly never be allowed in PF.