Related News
China's diamond consumption continues to decline
Online Edition
THE amount of polished diamonds imported into China declined for a fourth consecutive month in January, according to the Shanghai Diamond Exchange.
Last month, the country imported polished diamonds worth US$157 million, down 24 percent compared with the previous January.
The declining trend has resulted from sluggish global economic recovery and a weak domestic market, according the exchange.
In 2014, China's diamond consumption hit a record high thanks to robust growth in the first three quarters. In the year, polished diamonds worth about US$2.24 billion, up 31 percent year on year, were exported to the country through the exchange.
The exchange, founded in October 2000 in Shanghai's Pudong District, is the only venue in China authorized by the State Council to handle diamond imports and exports and to conduct trade.
As a member of the World Federation of Diamond Bourses, the exchange's membership stood at 370 at the end of January.
China is now the world's second-largest diamond consumer and fourth-largest rough diamond trader.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
