Prices for jade are falling in the market in Mandalay, central Myanmar, a trend traders attribute to China's economic slowdown and a decline in purchases by Chinese-linked international criminal organizations following a crackdown on fraud rings."The bubble has burst," one trader said, expressing mixed feelings about the downturn in a market long shaped by strong overseas demand.Kachin State in the country's north is home to some of the world's largest and most lucrative jade mines, and Mandalay is a major hub for jade processing and trading.The market serves as a key center linking product…READ FULL ARTICLE
