Jewellery News Asia
The leading monthly news magazine for the world's jewellery trade; diamond, pearl, gemstone and jewellery-making equipment and supplies sectors in Asia. Every month Jewellery News Asia features original reports by experienced journalists. By providing the latest information on key facts, figures and trends, readers will stay ahead of their competition, and therefore make better business decisions. Jewellery News Asia contains the most valuable information you need about Asia: news from Asia, news from the rest of the jewellery world and how it affects Asia, reports on trade figures, auction results, company news, new designs and products. Since its launch in 1983, Jewellery News Asia has been the leading regional publication chosen by the world's jewellery industry. It is the publication that the industry professionals choose to read and where they prefer to advertise.
April 2012 Issue 332
Highlights of this Issue:* Israeli diamantaires power through economic headwinds
Israel’s diamond sector is in far better shape today than in the time leading up to the economic crisis of 2008, industry leaders said. In 2011, Israel’s net polished diamond exports recorded double-digit growth over the previous year, surging by 23.5 percent to $7.2 billion. Before the crisis hit, Israel’s polished diamond exports amounted to $7.1 billion in 2007. “The year 2011 was the best year in the history of exports for Israel because our diamantaires have opened up new markets for their goods,” Moti Ganz, chairman of the Israel Diamond Institute, told JNA.
* China’s diamond industry set to sparkle
China’s diamond industry is booming, driven by the country’s growing purchasing power, strong retail market and improved manufacturing capabilities. The country has realised its potential in diamond manufacturing and is now spreading its wings even further to become a major player in the diamond trade.
* Italian jewellers eye promising prospects in China
In spite of continuing economic uncertainty in key parts of the world and the sharp increase in raw material prices, the “Made in Italy” label continues to work its magic in high-growth markets like China.