Further to Ling’s post below is the news that the auction went off without a hitch (actually that’s an understatement: it pulled in $260 milllion) after a judge threw out the appeal to stop the sale of the heads. Pierre Berge, Saint-Laurent’s former partner who is conducting the sale seems like a scrappy fellow. Here’s exactly what he …
Controversial YSL Auction Kicks Off
Christie’s sale of the late designer Yves Saint Laurent’s massive art collection begins today and lasts through Wednesday (see photos of the items here). Expected to bring in more than $250 million (most of which will be donated to AIDS research), the auction is being touted as the “sale of the century”—and one that may …
More Optimism on China’s Economy
Here’s a tidbit from the China Daily to follow up on the Merrill Lynch post below:
Lian Ping, chief economist of Bank of Communications, China’s fifth largest commercial lender, said Sunday that the Chinese economy is expected to pick up speed starting from the second quarter this year.
The Shanghai-based bank predicted China could
…
In Beijing, Clinton’s Own Straight Talk Express
For a diplomatic meet-and-greet, U.S. Secretary of State Hillary Clinton’s weekend visit to Beijing produced a surprising number of developments. They all seemed to fall in the category of things which are known but not usually said, especially by diplomats. As I wrote on Saturday, Clinton signaled ahead of her arrival that she wasn’t …