ASIA WATCH: China slowdown, fraud crackdown weigh on Myanmar jade prices

MANDALAY, Myanmar - 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.