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The US-China trade war started when the US imposed a 25 percent tariff on US$34 billion worth of Chinese imports in July 2018. Having lasted for over a year since, the trade conflict between the world’s two largest economies have negatively affected the global economy and trade development. According to the Chinese Ministry of Commerce, uncertainties brought about by the trade war could lead to a global recession.
Opinions vary among gem and jewellery industry players on the effects of the US-China trade dispute. Some companies downplayed its significance on the business while others called for reforms to support inroads in other markets.
For every 10,000 gem-quality diamonds, only one natural fancy color diamond is found. The most valued among these rare treasures are pinks and blues, while yellow and brown are the prevailing hues. Moreover, deep and intense colors are very popular in the market today.
The Gem & Jewellery Export Promotion Council remains steadfast in bringing India’s jewellery design prowess to the international stage by adopting the latest technologies and focusing on global marketing and promotions.
Diamond deals all over the world conclude with a handshake and the Hebrew words, "mazal u’bracha," which roughly translates to "good fortune and a blessing." This universal code is an ode to Israel’s enduring legacy. Faced with opportunities and challenges, the country relies on tradition and innovation to sustain growth in the diamond trade.
The jewellery sector is engaging in socially responsible endeavours with greater effort, following the example of global corporations. Now more than ever, a better society can be used to gauge business performance and impact in the community.
PGI® is proud to announce the launch of Baby Darling, a brand new platinum jewellery collection in collaboration with Lukfook. The collection, which celebrates mothers’ endless joy and dedication with platinum’s eternal shine, is highly favoured by celebrity moms from China.