10 Dec 2022
DiamondWorld Directory
Home |
Tension in Indian diamond hubs as China ‘raids’ Hong Kong offices over smuggling allegations
There have been reports that Chinese authorities are carrying out raids following the recent arrest of a local couple on the charge of smuggling diamonds
By: Diamond World News Service
Sep 5 2020 11:52AM
Reference: 25133  


According to sources in the gems and jewellery business in Surat a Gujarati diamond merchant was picked up for questioning by the Chinese authorities and released on Sept 1. The Gems and Jewellery Export Promotion Council (GJEPC), Gujarat Zone, has urged the government to help diamond merchants from India in Hong Kong.

 With a view to evade customs duty of 4 per cent, diamonds are often smuggled from Hong Kong to mainland China. China is a hub of manufacturing of diamond-studded jewellery. According to Dinesh Navadia, GJEPC Gujarat Zone Chairman Chinese officials have picked up 120 people in raids carried out at various places in different cities so far.

 The Council has urged the Government to send a message to the Indian Embassy and instructing them to help the Indian diamond traders there. Many Indian diamond merchants have manufacturing units in Surat and trading offices in Hong Kong, which is a free trade zone.

Quite a few of these diamond trading firms, are run by Indians with locals as staff who often send parcels to Shanghai, Shenzhen and Guangzhou in mainland China.

Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet
Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
*  Company:
*  Name:
*  Mobile:
*  Email:
Subscribe for DiamondWorld weekly Newsletter
Search News by City
Recent Issue
News in Pictures
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 32063
Diamond World Expert Hour with Evgeny Agureev, Deputy CEO, ALROSA
Views: 9579
GJEPC Chairman Interview
Views: 28163
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 39419
Promo for IJ Awards 2012 at NDTV Profit
Views: 57103
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 68603
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 21914
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 50967
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 53162
DW News App
Member of:
Supporter of: