Chinese Buy Diamond and Gold at Record Pace

choi

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(1) John W. Miller, Diamond Traders See Sparkly Sales in China; Antwerp gem
dealers roll out trade incentives to capture expanding middle class as
purchases slow in U.S., Europe . Wall Street Journal, Apr. 14, 2010.
http://online.wsj.com/article/SB20001424052702304604204575181883346211998.html
("Exports of polished diamonds from Europe's diamond capital [Antwerp,
Belgium] to China, including Hong Kong, increased 55% to $737 million in the
first three months of 2010")

Note: Antwerp
http://en.wikipedia.org/wiki/Antwerp

(2) Jason Dean, China Chases Dreams of Gold; ICBC and Global Metals Group
Join Forces to Lure Investors With New Products. Wall Street Journal, Apr. 1
, 2010.
http://online.wsj.com/article/SB20001424052702303338304575155580368205978.html
("China's demand for gold has grown an average of 13% annually for the past
five years, reaching about 443 metric tons last year, second only to India.
About 80% of China's annual gold consumption goes toward making jewelry")

My comment: To reach the WSJ reports, frequently a non-subscriber cannot
just click electronic links, but have to search the  web with the title (and
author's name perhaps).

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