China’s Emerging Diamond Industry

... goods. Compared to Russia, China does not have large diamond reserves. However, the country makes up for its lack of resources by gaining access to diamond reserves in Africa and producing affordable synthetic diamonds. The Underdevelopment of China’s Diamond Industry Andrey Kortunov: “Seven Capital Vices” of China in Africa: How Capital Are They Really? China’s diamond industry is underdeveloped due to lack of resources in diamond mines domestically and overseas. According to a report by Frost ...