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World News@lemmy.mlEnglish · 3 months ago

Diamonds are plunging in value around the world. Is China to blame?

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worldnews@lemmygrad.ml

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Diamonds are plunging in value around the world. Is China to blame?

☆ Yσɠƚԋσʂ ☆@lemmy.ml to

World News@lemmy.mlEnglish · 3 months ago

cross-posted to:
worldnews@lemmygrad.ml

China’s demand for natural diamonds has ‘fallen off a cliff’ amid plunging marriage rates, while its factories are churning out synthetic alternatives that are up to 90 per cent cheaper.

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Cowbee [he/they]@lemmy.ml
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3 months ago
It’s the usual framing of whatever China does as bad, regardless of what it is.

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