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Zhang is one of a new breed of Chinese collectors who are helping to turbocharge the contemporary-art scene in China from within. But his competition is not just local. Contemporary Chinese art is currently one of the hottest genres anywhere. In the past 18 months Sotheby's has created a stand-alone modern-Chinese-art division, and Christie's showcases the art alongside such modern masters as Andy Warhol and Willem de Kooning. And at a Christie's auction last week in New York City, pieces by Chinese painters Li Songsong and Yan Lei set record prices, while Zhang...
...preliminary data from the Center for Information and Research on Civic Learning and Engagement, based at the University of Maryland. That increase was powered by at least 2 million more youth voters.“Young people are at the vanguard of new technology and they are the hottest new voters,” said David C. King, associate director of the Institute of Politics and lecturer at the Kennedy School of Government. “Facebook is going to be a very important tool for campaigns moving forward.”Though young voters—like Facebook?...
...hottest seats in European business these days are in the auto industry. Last week, Volkswagen, Peugeot and Fiat all announced that they're trading in their chief executives. That leaves just highly profitable Porsche as the only significant European auto firm not to have switched bosses in the past 18 months. The turnover reflects upheaval in the industry worldwide as firms not only jostle to take advantage of new markets in Asia and elsewhere, but also struggle with unrelenting cost pressures at home. The big surprise came at VW. Bernd Pischetsrieder had just signed a new contract...
Immigration has become one of the hottest topics in U.S. politics. Could you give me your view on this divisive issue from your side of the border...
...hazy crests of the Western Hills. It's the best view in China's booming capital, and you would expect one of the country's corporate titans to be taking up residence. But it's a testament to the rising prominence of one of China's hottest industries that the top five floors of the building will, in fact, be occupied by the lobby of a Park Hyatt that promises to be Beijing's snazziest hotel...