2min chapter

Bloomberg Daybreak: Europe Edition cover image

Trump Wants Gaza 'Riviera', US Blocks China Parcels & De Beers Diamond Pressure

Bloomberg Daybreak: Europe Edition

CHAPTER

Shifts in China's Diamond Market and Consumer Preferences

This chapter explores China's pivotal position in the global diamond market, revealing its status as the second largest market after the US. It addresses the significant decline in demand post-pandemic due to economic uncertainties and the increasing popularity of lab-grown diamonds.

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