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World Federation Of Diamond Bourses

WFDB and Shanghai Diamond Bourse Sign MOU to Promote Natural Diamond Industry in China

Press Release

Antwerp, May 16, 2024: The World Federation of Diamond Bourses (WFDB), the association of the world’s major diamond bourses, and the Shanghai Diamond Exchange (SDE), the only designated platform for diamond import and export in China, signed a Memorandum of Understanding yesterday to promote the development of the diamond market in China. The MOU follows … Read more

WFDB Presidents’ Meeting in Shanghai Emphasized Working Together

President’s Letters

Dear Friends, Bourse presidents from around the world came together in Shanghai in early March for WFDB 2024 Presidents’ Meeting. This was an opportunity to discuss the most pressing issues facing the industry – the G7 restrictions, synthetic diamonds, and the lackluster Chinese market, which we did in expert panels, presentations, and intensive working sessions. … Read more

WFDB Concludes Successful Presidents’ Meeting in Shanghai

Press Release

Ramat Gan, March 11, 2024: The World Federation of Diamond Bourses (WFDB) concluded its annual Presidents’ Meeting for 2024, held in Shanghai, China. The three-day meeting explored the most pressing issues facing the world diamond industry – the G7 restrictions, synthetic diamonds, and the lackluster Chinese market — with expert panels, speeches, and discussions. The … Read more

Let’s work together on the challenges of 2024

President’s Letters

Dear Friends, The year 2023 was a difficult one for the world diamond industry. There was a significant decline in demand, especially for mid-range sizes. The challenging global economic situation and high-interest rates impacted demand, although perhaps this was a case of the market correcting itself after the splurges in diamond and jewelry spending in … Read more

Our Industry is Changing and This is Good

President’s Letters

Dear Friends, We just concluded the 40th World Diamond Congress in Israel. The previous Congress was held virtually, by Zoom, at the height of the Corona virus pandemic in September 2020. This Congress marked the first opportunity to bring so many of our friends together. The theme was “Change and Innovation in the New Diamond … Read more

Interview with Mr. Conroy Cheng, Vice Chairman of Chow Tai Fook

Conroy Cheng WFDB

Q. How has Chow Tai Fook, one of the largest and most important jewelry retailers in Asia, been impacted by the Covid pandemic? How has it been impacted by local and global economic trends? The ongoing impact of the pandemic, combined with geopolitical instability and rising inflation globally, created challenging conditions for businesses. Despite the … Read more

Interview with Lin Qiang, President of SDE

Lin Qiang - interview

Q. What are your current titles/functions in the diamond industry, both private and organizational? I’m the President and one of the founders of the Shanghai Diamond Exchange (SDE), which, authorized by the Chinese Central Government, is the only official platform for the import and export of diamonds in China. I’m also the Vice Chairman of … Read more