China’s Appetite For Bling
The sparkling stones are a new love in a country where gold and jade have traditionally signaled love. China's love for the sparklers is high.
The sparkling stones are a new love in a country where gold and jade have traditionally signaled love. China's love for the sparklers is high.
Though there are clear signs of a financial recovery around the world, at what price would there be a recovery for roughs? Is the `new-normal' daunting for the diamond industry?
Diamonds represent the crème de la crème in luxury, with most gem quality diamonds finding their place in the jewelery boxes of wealthy Americans and Europeans. The slowdown in the US has left diamond exporters around the world holding their breath, hoping that demand for the luxury good would weather the economic storm.
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