Diamond units cut capacity by 40% - Business News, Finance News, Share Market News - Market trendz

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Thursday 16 February 2023

Diamond units cut capacity by 40%

"We do not know how the geopolitical tension will pan out in the coming days. Both the US and China are important markets for us," said Vipul Shah, chairman of Gem & Jewellery Export Promotion Council (GJEPC). Tensions between the US and China flared in recent weeks with the US forces shooting down a suspected Chinese spy balloon off South Carolina coast and the two countries trading charges of running surveillance operations.

from Commodities-Markets-Economic Times
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