Economy
Mandalay is the major trading and communications center for northern and central Burma. Much of Burmese external trade to China and India goes through Mandalay.
Among the leading traditional industries are silk weaving, tapestry, jade cutting and polishing, stone and wood carving, making marble and bronze Buddha images, temple ornaments and paraphernalia, the working of gold leaves and of silver, the manufacture of matches, brewing and distilling.
Ethnic Chinese have increasingly dominated Mandalay's economy since the imposition of sanctions by the United States and the European Union in the 1990s.
Read more about this topic: Mandalay
Famous quotes containing the word economy:
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)