Rough diamonds on display at Alrosa’s office in Wan Chai. The company wants its Chinese and Hong Kong customers to trade with it in roubles instead of dollars. Photo: Roy Issa

Will Russian diamond miner Alrosa’s Chinese clients take up its offer to trade in roubles? Only time will tell

The state-backed diamond mining company denies move was driven by US sanctions, but says long-term benefits include lower transaction costs and faster deliveries

Topic |   Russia

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Rough diamonds on display at Alrosa’s office in Wan Chai. The company wants its Chinese and Hong Kong customers to trade with it in roubles instead of dollars. Photo: Roy Issa
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