July 8, 2016

Myanmar´s state jade sale rakes in 530 million Euros

Myanmar´s annual jade and gems sale netted more than 530 million euros ($587 million), an official tally showed Thursday, as Chinese buyers continue to drive a shadowy industry linked with rebel conflicts and notorious for perilous working conditions.

Lusted after by wealthy Chinese, Myanmar´s jade mines were in the hands of the military and their ´crony´ elites during the junta years and are still believed to raise tens of billions of dollars in undeclared sales. (Courtesy of thenews.com.pk)

No comments:

Post a Comment