Kachin Jade Sales Net Tax of $8.77m, a Figure Dwarfed by Black Market

Kachin state has gen­erated K12 billion, roughly $8.77 mil­lion, for state coffers from sales of jade so far this fis­cal year, the state’s chief minister has said. But that figure is minuscule com­pared to the multi-billion dollar black market thriv­ing in the region.

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