Why is the diamond industry expanding in China ?
Why does Pakistan import more than export ?
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Answers
Answer:
1 Another reason for the rebound in diamond consumption in China is the expanding Generation Z population who ascribe different values to diamonds and use more digital platforms to understand the products they buy. "For one, luxury has become less elitist, less formal, and more accessible.
2 dominated by manpower export in the subcontinent, cotton textiles and apparel. Imports include
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Answer:
growing purchasing power, strong retail market and improved manufacturing capabilities
Explanation:
China's diamond industry is booming, driven by the country's growing purchasing power, strong retail market and improved manufacturing capabilities. The country has realised its potential in diamond manufacturing and is now spreading its wings even further to become a major player in the diamond trade.