Diamond
Dealers Club president Moshe Mosbacher hosted a six-member leadership delegation
of the Shanghai Diamond Exchange led by SDE vice president Nanhai Yan.

The
Chinese leadership, which in addition to Yan included key SDE leaders in
finance, membership and administration, expressed their support for greater trade
between the Chinese and American industry.  Yan agreed to a follow- up meeting with the American leadership
with the goal being to produce greater business between members of both
Clubs.  He further requested that
the DDC leadership send the Shanghai Diamond Exchange its recommendations on
how to improve business between the two Bourses and said that the DDC proposals
would be given serious “consideration.”

Left
to Right: Liping Zhou, SDE; Maggie Wang, SDE; Basant Johari, DDC vice president; Nanhai Yan, SDE vice president; Moshe Mosbacher, DDC president;
Jacob Zupnick, DDC chairman of Arbitration Panels; Ben Zheng Ming, SDE; Cooper
Fu, SDE; Jianhua Wang, SDE

JCK