Search Results for: economic recession

China slowdown taking the sheen off Indias global diamond hub

A year ago, Indias diamond capital hit the headlines when one of the largest polishing companies in the western city of Surat treated hundreds of employees to bonuses in the form of Fiat cars, apartments and jewellery. This year, theres no sign of a repeat bonanza in a city that by some estimates polishes about 80 percent of the worlds diamonds. Sep 26, 2015
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