China Will Become The World'S Largest Consumer Of Diamonds.
According to South Korean media, luxury goods are at the top.
Diamonds
China is becoming the world's largest consumer country in the consumer goods market.
Reported that today, the world's diamond industry giants
De Beers
(De Beers) jewelry has opened two boutiques in China, and plans to add another three shops in the year.
In addition, Tiffany jewelry, which is highly sought after by women from all over the world, has opened 15 stores in China.
"5 years ago, if China would become our biggest customer, some people would laugh and not believe it, but now China is threatening the market position of the United States, a traditional diamond consuming country," said the head of the Sales Department of a famous jewelry company.
Background news
The international diamond authority HRD report shows that in 2010, Chinese diamonds
jewelry
Actual consumption amounted to US $1 billion 235 million.
In 2009, China surpassed Japan and became the second largest diamond consumer market in the world.
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