The Latest “Forever Gold” Trend from China: Produced in Just Seven Days and Taking the Global Market by Storm!
Once a rare gem born from nature’s whims, diamonds now roll off the production line in Chinese laboratories within a week. China has revolutionized the diamond industry, turning this symbol of rarity and eternity into an efficient industrial product. The impact on the world of jewelry is profound, signaling a shift that will change the game forever.
From gemstone to mass-produced product
Seventy percent of synthetic diamonds used in jewelry today hail from China, particularly from Henan province. Companies like Jiaruifu, led by Feng Canjun, have mastered the art of creating diamonds in just seven days, matching the size of traditional engagement rings. The difference is that these diamonds are lab-grown, not natural.
But the distinction between natural and synthetic diamonds is fading. The Grown Diamond Trade Organization reports that synthetic diamonds are now serious contenders in the market, causing traditional diamond prices to plummet. In the U.S., over half of engagement rings already feature synthetic stones.
Technology and geopolitics: the Chinese cocktail
The story began over fifty years ago when China had to develop its diamond industry due to strained relations with the USSR. Today, China’s efficient diamond production model combines cutting-edge technology (like the CVD method) with global strategies that involve outsourcing cutting to India and transportation through Dubai, all while maintaining a discreet Chinese presence.
Additionally, companies like Huanghe Whirlwind are incorporating solar energy into their manufacturing processes, producing “green” diamonds with minimal carbon footprint.
Luxury changes hands
As giants like De Beers struggle with unsold inventories worth billions, Chinese brands are on the rise, supported by the state. In Henan, a minimum price per carat has been established, and unfair competition is penalized, mirroring regulations in sectors like electric cars.
The new symbol of luxury (affordable)
China has not only made diamonds accessible to all but has also redefined the concept of luxury. Once associated with exclusivity, diamonds can now be mass-produced at a low cost, with a sustainable image. For many consumers, this revolution is not a problem—it’s a desired evolution.
