Unveiling the Mystery Behind China’s Diamond Slump in 2024
Quick Answer China’s diamond market has suffered due to the country’s real estate crisis and overall economic downturn, leading to a drop in consumer confidence. Consumers are shifting away from diamonds, preferring more stable investments like gold, which has led…
Time to Tackle the Chinese Diamond Industry’s Pre-Pandemic Challenges
As members of the esteemed diamond industry, we stand united at a pivotal juncture. Our collective journey forward necessitates a proactive engagement with the sector’s pre-pandemic challenges. Beyond the recent upheavals, we must address the economic fluctuations that have long…
New Sanctions on Russian Diamonds Will Change the Global Trade in Gems
New sanctions on Russian diamonds promise to revolutionize the gem trade; but how will the industry adapt to this seismic shift ?