Monday, November 2, 2009

Beauty: China surpassed Japan to become the world's second largest diamond consumer

Beauty: China surpassed Japan to become the world's second largest diamond consumer

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According to the Christian Science monitor website on October 26, China's jewelry sales reports.

Perhaps can not always bright diamonds, but in China rivaling Japan to become the world's second largest consumer of diamond shining, they undoubtedly.

According to xinhua, due to the young couple diamond wedding ring, China products favored the total imports in the first half of this year, an increase of 12.7% reached $3 billion, created the historical record.

Japan is caused by economic crisis, "diamond sales market in China, because the Chinese animated grow more like diamonds," foreign economic and trade university study of luxury consumption ms faye wong said.

She also said that diamond has replaced the gold and jade and so on traditional Chinese love tokens, reason is "big diamond manufacturers of marketing strategy to young people believe, diamond is the symbol of true love."

Antwerp global diamond center staff Philip carat, said: "the people of China really are infatuated with diamonds. Now that has purchased the diamond, they very eager to channel."

"Because China's young consumers, the middle class and wealthy affordable luxury consumption diamond and other Chinese market for us, more important," he said. Japan currently occupy global market diamond respectively about 13%, but still lags behind in total consumption of global finished half of America's diamond.

He says, manufacturers have due-out, China's consumption potential for mining.

As a global recession, other parts of the world market, high-end jeweler in China market as expected. French jewellers and watchmaker’s kadeya the CEO of the company, according to the blessing kenaz, hope that China can last month in three to four years to become the biggest market. Fulgrim's javier also revealed company plans by 2014 will China increase in the number of existing kadeya counters.
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