China is the world's second fastest growing diamond market according to this BBC videoclip
< http://www.bbc.co.uk/mediaselector/check/player/nol/newsid_7000000/newsid_7004100?redirect=7004190.stm&news=1&bbram=1&nbwm=1&nbram=1&bbwm=1&asb=1 >
a) Use demand theory to explain this increase
b) Draw a diagram to show the effect on the demand for diamonds
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