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Stone bubble bursts as hot money ebbs away

By Guo Anfei and Li Yingqing in Kunming | China Daily | Updated: 2012-08-13 08:04

Stone bubble bursts as hot money ebbs away

In the Kunming Jade and Jewelry Mall, crowds of people used to haggle loudly over jade bracelets, necklaces, rings, and ornaments. But now the hustle is gone.

The jade bubble in Southwest China's Yunnan province is bursting after more than a decade as hot money is withdrawing.

According to traditional Chinese culture, jade brings happiness and luck to its owners and keeps evil away.

Stone bubble bursts as hot money ebbs away

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