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.
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
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).
2 topics
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).
Expertise
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).
Expertise
Comments
Comments
Sign In or Join Free to comment
most popular
Equities
Why "buy and manage" is the better way to invest in stocks
Livewire Markets
