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GO EAST.(Statistical Data Included)

With the long-dominant U.S. market losing steam, diamantaires are casting their eyes elsewhere and Asia seems to be a favored alternative. But, whereas Japan was once the engine drove the region, it looks that in time that position may be usurped by China.

Psychological or not, the appearance of instability in the U.S. jewelry market has reemphasized the axiom coined by Israel Diamond Exchange President Shmuel Schnitzer that Israel's diamond manufacturers and exporters "cannot afford to continue and put all their diamonds in a single basket anymore." Other markets must

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