The Art Basel and UBS Global Art Market Report: Return to Growth for Global Art Market, with China Overtaking the UK
LONDON, March 13, 2018 /PRNewswire/ --
- Global art market up 12% to an estimated $63.7 billion, after two years of decline
- China narrowly overtakes the United Kingdom as second largest market; US retains position as the largest market, and regains ground with an increase in...
This is a dumb way to stick it to China.
A big change to China's constitution could have major consequences for the world's second largest economy.
China's rubber stamp parliament is expected Sunday to amend the constitution to remove the limit on the number of terms the president can serve. That means President Xi Jinping could rule for life.
Political experts say the move means China is becoming more authoritarian. Some economists are worried, too.
"Concentrating power in fewer hands is risky," said Julian Evans-Pritchard, a China...