Thursday, July 5, 2007

Israeli Diamond Exports to China May Triple by 2008, Trade Official Says

(Bloomberg) -- Israeli diamond exports to China may
triple by the end of 2008 as a tax cut enables gem producers to
increase sales in the world's fastest-growing major economy, an
executive from an industry association said.

Israel may export between $250 million and $300 million of
polished diamonds to China, up from $100 million last year, Eli
Avidar, managing director of the Israel Diamond Institute, said
today in an interview in Shanghai.


Read more at Bloomberg Commodities News

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