While the art market
in China seems to have cooled off a bit, Sotheby's has partnered with Beijing
GeHua Art Company in order to do business on the mainland. A series of fairs in
China are enabling younger artists to display their works as new collectors
seek "affordable artworks," and the market for reprints shows an
increasing trend. Meanwhile, smugglers in Pakistan admitted to the extent of
looting, which reportedly includes bribes to police and yields substantial
profits on the international market. In response to looting in Syria, the
International Council on Museums is creating a "red list" of looted
artifacts to assist customs officials worldwide in identifying smuggled
antiquities. Reportedly, the illicit trade in antiquities from Syria is connected
to, if not directly funding, the purchase of weapons used in the conflict. The
extradition of Subhash Kapoor to India has been followed by reports with more
detail on the scale of smuggling operations in India. On a more upbeat note,
the remains of Roald Amundsen's schooner, The Maud, are to return from Nunavut
to Norway.
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