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
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.

China diamonds

Comments

Please sign in to comment on this wire.