A Chinese Art Boom

China’s newly wealthy are buying up entire collections of art, sending prices soaring. “Awakening at last to their own cultural heritage, which was sold off to the West at knock-down prices at the turn of the century, the new rich are reversing that trend and are bringing the art works home. Former peasant farmers, who now wear diamond-studded gold watches, are investing in private museums to put their new-found works on display.”