Thursday, January 17, 2008


An example of how the gap between rich and poor is growing in China can be seen from the wealth enjoyed by the capitalist class in that country.
"In early December, Beijing's in-crowd converged on the central business district for the opening of the Kunlun gallery. Sipping Veuve Clicquot and Mumm champagne, the real estate tycoons, stock market warriors, and Prada-clad celebrities gawked at Ming Dynasty Buddhist statuary and 15th century scroll paintings. Four Tibetan art works eventually fetched $3.4 million and, at a follow-up auction eight days later, 87 pieces of Buddhist art netted $10.4 million." (Yahoo News, 11 January) RD

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