A new competition between India and China is heating up, over African diamonds, the Financial Times reports: Indian diamond cutters and polishers are lobbying the government in New Delhi to combat Chinese efforts to secure rough...
The Times of India reports that 21 Indian nationals, allegedly part of a diamond smuggling ring, have been detained in Shenzhen: Chinese media claim that the diamond smuggling racket was busted by Shenzhen Custom’s...
The Financial Times reports on how those in China with money to burn are spending it: Turnover from diamond sales globally stands at $65bn, with about half of those sales coming from the US. Growing demand for diamonds and...
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