For more than 100 years, De Beers dominated the global diamond market, controlling supply and prices. However, a significant shift is underway, with China now responsible for producing 95% of the world’s lab-grown diamonds. This transformation is reshaping industries well beyond luxury jewelry. Kevin Walmsley, writing for Inside China / Business, explains that synthetic diamonds … Continue reading China’s Lab-Grown Diamonds Outpace De Beers, Transforming Global Markets