China's population decline is having a big impact as marriages, diamond sales, and retail spending drop

https://lemm.ee/post/39846768

China's population decline is having a big impact as marriages, diamond sales, and retail spending drop - lemm.ee

- China’s population shrinkage is having a big effect on its economy. - Marriage rates have halved over the last decade, with only 3.4 million couples marrying in the first half. - Economists warn that an aging population could lead to sluggish growth and lower productivity.

I kinda feel like the “people aren’t buying enough diamonds” thing is pretty weird. Although I did buy a (antique) diamond for my wife, I just can’t see the world being much worse off if the diamond jewelery market were gone.
Imo people aren’t buying enough lab gems. Diamonds can come from all kinds of fucked up places, but lab gems can only come from laboratories. Like, they literally don’t naturally exist on earth. They can do all kinds of cool things too, like fluoresce or change color under UV light or depending on the angle that you’re viewing it at. They’re vastly superior to diamonds for jewelry purposes but they’re not very common so the only affordable ones tend to be cast-offs.
Yes but if you don’t cause a bunch of poor people conflict and pain how will your wife know that you love her? /s