The fight for control of natural resources is heating up between the two fastest growing economies. In a secret deal with Zimbabwe, the Chinese military has secured permits to mine the Marange diamond fields. India, looking to control its supply of rough stones for Surat’s cutting and polishing sector is looking to aide African Nations with medicines, and infrastructure projects.
Continue reading "Diamonds: New Economic Powers Fight for Control"
Wednesday, October 21, 2009
Global economic crisis has severely affected the diamond industry . However, the gem trade is gaining its glow and lustre through China's status conscious customers. China's grew nearly 13 percent to $300 million bolstering the global diamond trade at this critical hour.
Continue reading "Growing market for Diamond in China"
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Tuesday, May 18, 2010