Made-in-China diamonds poised to shape global market

The Antwerp World Diamond Center largely follows the prevailing rationale in this regard, spokesperson Donckier said. "Diamonds and synthetic diamonds should be seen as two different products. They are certainly not interchangeable."

Current regulations in China and elsewhere require that man-made and natural diamonds are clearly labeled so that consumers know what they are buying.

Man-made diamond jewelry will fall into the category of "fashion jewelry" while natural diamonds will remain "fine jewelry," Zimnisky said.

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