India beats China to become second largest diamond market; Chinese luxury segment loses shine, says De Beers CEO | Company Business News
India overtook China to become the second-largest market for diamonds, UK-based diamond firm De Beers Group’s Chief Executive Officer Al Cook said in an interview with Bloomberg. The Chinese luxury market is currently facing a slowdown, he noted. The CEO of De Beers highlighted that the Indian market is growing at a double-digit rate. “The … Read more