American logistic expert reports from China video: Diamond-Women’s best friend, price is crashing by 50%. Diamonds in US cost at least 2x more than those outside of US. China and Africa are destroying the DeBeers diamond cartel 美國物流專家從中國發回的影片報導：鑽石－女性最好的朋友，價格暴跌50% 美國的鑽石價格至少比美國以外的價格高出 2 倍! 中國和非洲正在摧毀戴比爾斯鑽石卡特爾

https://www.tiktok.com/t/ZP8kRUhSk/

https://youtu.be/c8K0gYIJ-yA?si=Fg3u-Lu9O1QK9ZZu
https://rumble.com/v6wo178-diamond-womens-best-friend-price-is-crashing-by-50.-diamond-in-us-cost-at-l.html

For over a hundred years, DeBeers has dominated and controlled the global diamond trade.

But today, Chinese factories are mass-producing lab-grown diamonds, which are chemically identical to natural stones, and prices are collapsing worldwide for both man-made and natural diamonds.

DeBeers sources most of their rough diamonds from mines in Botswana, and the new government there is determined to move DeBeers’ value chains to Botswana itself, thereby retaining billions of dollars in industry revenues in-country.

Anglo-American is DeBeers’ parent company, and they are trying to divest their holdings. But even after writing off $4.5 billion in book value in two years, no buyers can be found.