VOICED : Myanmar jade industry worth $31 bn profits elites: report

VOICED : Myanmar jade industry worth $31 bn profits elites: report

Assessment

Interactive Video

Business

10th Grade - University

Hard

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Myanmar's jade industry is a major economic force, officially netting billions, but reports suggest it's worth much more. The industry's secrecy raises concerns about transparency and democracy. Most jade is exported to China and Hong Kong, with extraction impacting local communities. Despite huge profits, little benefits reach locals, and mining threatens their homes. Miners from across the country seek jade, while Myanmar hopes for a fairer share of its jade wealth.

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OPEN ENDED QUESTION

3 mins • 1 pt

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