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Pendant and ring with Fire Princess cushion-cut diamonds by Zbird
Emerald and diamond necklace by Lao Feng Xiang
Pink diamond ring by Lao Feng Xiang
KGK Group Vice Chairman Sanjay Kothari
Zbird Chairman Stone Xu
Lao Feng Xiang store
With the Covid-19 pandemic effectively under control in China, demand for diamonds is on the rise, with all indications pointing to sustained growth as the market adjusts to post-lockdown consumer preferences.
The first half of 2020 bore the brunt of the pandemic’s impact on diamond imports and retail in China. The second half made up for earlier losses, rallying the year to a respectable finish. Recovery continued this year, with import and retail numbers registering a healthy bounce in the first seven months.
Net polished imports at the Shanghai Diamond Exchange (SDE) from January to July 2021 reached around US$1.84 billion, surpassing...
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