💎 After decades of dominance, the global natural diamond industry has seen its fair share of ups and downs. A surge in lab-grown diamonds and shifting tariffs sent the market on a wild ride. But now, demand appears to be stabilizing once more.
👀 A key trend? The Chinese mainland market is emerging as a standout player in the recovery. Appetite for natural diamonds in this region is helping to steady global demand.
📺 CGTN’s Wang Tianyu sat down with Paul Rowley of De Beers Group to dig into the future outlook. Rowley noted that while lab-grown competition and tariff hurdles tested the industry, the current data points to a balanced demand landscape going forward.
🌟 Looking ahead, industry leaders are watching the Chinese mainland market closely. As demand steadies, the diamond world is gearing up for a new chapter—sparkling on with fresh momentum!
Reference(s):
De Beers: Global diamond demand stabilizing amid market challenges
cgtn.com
