Word: zhao
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...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 thousand dollars being bought for $50,000, $60,000, $70,000," says artist and Beijing gallery director Zhao Gang. "And right now there's no end in sight." He cites the case of Zeng Fanzhi, until recently a relatively unknown artist. "Two years ago, I was selling his work for $10,000 for a large painting. The other day someone offered $200,000, and he refused...
...Chinese collectors in the model of the influential Saatchi. But that's unlikely to affect the demand for modern Chinese art, since many of the newly minted millionaires simply don't have anywhere else to put their cash. "It's what I call the panic of new money," says Zhao, 45, who manages the venerable Courtyard Gallery. "The government is killing the property market, the stock market has been up and down like a bouncing ball, and people don't trust it. They can only buy so many Mercedes. They have to put their money somewhere, and right now that...
...young artists just breaking into the scene, such images have little resonance, except as tools to raise their prices, says gallery director Zhao. "To them it's like being in manufacturing - they are cranking out a commodity," he says with a sigh. "But then, at prices like these, you can hardly blame them...
...According to Chinese law, to convict Zhao the prosecutors would have to prove he had organized the protest and that it had caused substantial material harm. Chen argued compellingly that the prosecution's case rested on a report by an appraisal company that explicitly stated it had treated all the mining firm's claims as fact-instead of conducting an independent audit-and on an eyewitness account by someone who had been miles away from the scene of the protest. Chen also called a witness who testified under oath to having been coerced by police into signing an affidavit...
...Chen Bulei believes there is room for China's leaders to be convinced that it serves their own long-term interests to safeguard the legal rights of people like the miner Zhao. Chen, a member of the Communist Party with a Ph.D. from a top law school, once worked as a policeman and later as a judge in a Beijing court. Both experiences, he says, strengthened his conviction that China needs more people who can "demonstrate to the leadership that the rule of law needs to be strengthened and that citizens' rights should expand." In the legal-theory classes that...