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India’s struggling diamond industry could be hurt further due to coronavirus outbreak ...News
Supplies of India’s cut and polished diamonds to its biggest export market Hong Kong have fallen 23 percent in the nine months to December from a year earlier to $5.4 billion. Data showed that the country’s total exports of gems and jewelry to Hong Kong were down nine percent to $7.4 billion in the period. According to India’s Gem & Jewelry Export Promotion Council, the outbreak of coronavirus is expected to decrease the overall exports of India’s diamonds. Also on rt.com Hong Kong imposes 14-day quarantine on travelers arriving from mainland China “Expo
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