Myanmar mine workers search for jade, find misery
Drugs, violence & graft mar jade industry amid insatiable China demand for the gem.
Myitkyina, Myanmar
AT 16, the gem trader's son set out for the jade mines to seek his fortune in the precious stone that China craves. But a month in, the teenager, Sang Aung Bau Hkum, was feeding his own addiction: heroin, the drug of choice among the men who work the bleak terrain of gouged earthen pits, shared needles and dwindling hope here in the jungles of northern Myanmar.
Three years later he finally found what he had come for - a jade rock "as green as a summer leaf". He spent some of the US$6,000 that a Chinese trader paid him on a motorcycle, a mobile phone and gambling.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Columns
‘Competition for talent’ a poor excuse to keep key executives’ pay under wraps
OCBC should put its properties into a Reit and distribute the trust’s units to shareholders
Why a stronger US dollar is dangerous
An overstimulated US economy is asking for trouble
Too many property agents? Cap commissions on home sales
Time to study broadening of private market access