Word: beijingers
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Today, North Korea and Japan have perhaps the most antagonistic relationship in the six-party forum. After Pyongyang's nuclear test in October, Tokyo slapped every sanction it could on the country, down to banning the trade in used bicycles. North Korea continually calls for Japan's exclusion from the...
The opening bids are in, and somebody is going to have to fold if the high-stakes diplomatic game over North Korea's nuclear weapons is going to produce a result before Christmas: That was the time frame for substantial progress set by U.S. envoy Christopher Hill going in the...
If the incestuous, trend-conscious world of international art collectors and the hot money of the hundreds of new millionaires that China's boom has created come together, it could push prices for Chinese art to even more dizzying levels. "You are already seeing works that sold for a few...
Such speculative interest could evaporate overnight if the market cools, of course. But that's where the non-Chinese buyers come in. The international contemporary-art market is highly cyclical - many would say current prices are at all-time highs - but there remains a core group of wealthy art collectors...
Skyrocketing prices have left galleries and dealers scrambling to keep up with the demand. Sotheby's held its first sale of purely Chinese contemporary art in New York City only last March. A dozen or so foreign galleries from New York, London and Hong Kong have opened branches in Beijing...