Yellow Jade Buddha

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Hello, I am hoping that you would be so kind as to help me identify this item I recently purchased. Is it real jade? How can I tell? He is 8 inches tall and weighs 3 pounds and 4 ounces. He is yellow. There was a price tag on the bottom that said, $90.00. I paid $20.00. I bought it from a woman who said she purchased it in India or China. I am giving this to my friend as a gift and would very much like to learn more about it. Thank you in advance for your help. Wendy Oliver