Jade business plummets
China Daily | Updated: 2013-01-23 07:22
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A jade necklace worth 3 million yuan ($482,000) on display at a market in Yingjiang county, Yunnan province. Cui Meng / China Daily |
Yingjiang county, an important entry point from Kachin state into China, has more than 4,000 businessmen regularly traveling to Myanmar to purchase raw jade. At least 10,000 locals make their livings from the jade industry. The Kachin conflict has caused transport problems and a massive rise in costs.
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