Jadeite has been highly prized in Chinese culture for centuries, and its value and rarity have often led to conflicts between rival jade merchants. In the early 20th century, the demand for jadeite in China reached such a fever pitch that it caused political unrest and led to intense competition between jade merchants.
During this time, the Chinese government was struggling to control the jade trade, and rival factions often resorted to violence to protect their interests. The demand for high-quality jadeite was so high that it became a valuable currency, with merchants using it to pay off debts or bribe officials.
The competition for jadeite became so intense that it led to the formation of secret societies and the development of intricate smuggling networks. These groups often used violence and intimidation to protect their interests, and the trade in jadeite became a dangerous and unpredictable business.
Despite these challenges, the demand for jadeite continued to grow, and the stone remains highly prized in Chinese culture to this day. Its beauty, rarity, and cultural significance have made it one of the most sought-after gemstones in the world, and the history of its trade serves as a reminder of the complex social and economic forces that shape the global market for precious stones and minerals.
Check out our other post "Top 10 Fun Facts About Jadeite" to know about other fun facts of jadeite!