China's diamond market is now the world's second largest after the US and has more than tripled to $22.8 billion over the past five years

Gavin Wendt

MineLife

China's diamond market is now the world's second largest after the US and has more than tripled to $22.8 billion over the past five years. De Beers sees China as driving growth over the next four years as the number of people buying diamond engagement rings has risen from less than 1% to more than 50% in urban China. More than half of the country's 1.3 billion people now live in cities.


2 topics

Gavin Wendt
Gavin Wendt
Founding Director
MineLife

Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse and Fat Prophets. He is also the Executive Director, Mining & Metals with Independent Investment Research (IIR).

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment