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India overtook China to become the second-largest market for diamonds, UK-based diamond firm De Beers Group's Chief Executive Officer Al Cook said in an interview with Bloomberg. The Chinese ...
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They underlined the cooperation's commitment to responsible mining, marketing, and sales of diamonds, highlighting the importance of a sustainable global diamond ... Follow China.org.cn on Twitter ...
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Diamond Prices Are Crashing
With declining demand in Asia and competition from lab-grown alternatives, the gemstone appears to have lost much of its luster.
"Rough diamond trading conditions continue to be challenging. Although demand in the US has been steady and India remains robust, consumers in China are buying substantially fewer luxury products.
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have also contributed to the decline in the diamond market. Enditem Follow China.org.cn on Twitter and Facebook to join the conversation.