Friday, February 08, 2013

Sino-Myanmar jade trade in for a bumpy ride

7 Feb 2013

It didn’t take much to have the grapevine buzzing with concern. A rumor, 
said to originate in Myanmar, quickly spread to China. The gist of it was
 that there was an official message from the Nayptitaw government about
 plans to ban the export of raw jade stone starting sometime this year.
 It was part of an alleged scheme to have the country’s new capital become 
the go-to place for stone-cutting and polishing, giving a desired value-added
 element to a very important export commodity.

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