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Diamond Traders See Sparkly Sales in China

Antwerp gem dealers roll out trade incentives to capture expanding middle class as purchases slow in U.S., Europe

This city's diamond district is recovering some of the shine it lost during the financial crisis thanks to a hungry new customer: China.

Exports of polished diamonds from Europe's diamond capital to China, including Hong Kong, increased 55% to $737 million in the first three months of 2010, the Antwerp World Diamond Centre said Tuesday.

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