this post was submitted on 17 Aug 2024
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  • 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.
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[–] gedaliyah@lemmy.world 50 points 3 weeks ago (5 children)

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.

[–] ABCDE@lemmy.world 7 points 3 weeks ago (1 children)

Perhaps it's a measure of how much marriages cost and they're spending less?

[–] CodingCarpenter@lemm.ee 7 points 3 weeks ago

That and of the people I know most don't really wear their wedding rings on the regular. So why spend a ton of money on it? It doesn't make a ton of sense

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