**NEWS**ROUNDUP**JUNE19
Jun 19th, 2009 | By Chris | Category: Believe it or not, Random Shanghai stuff..., Recommended ReadingChina Merchants bank to offer an art sales service, or free paintings for a year service. Funnily similar to Shanghart’s service of long standing.
Quote:
China Merchants Bank (CMB) launched “art banking,” an alternative investment program, Tuesday to offer China’s new-rich a chance to enjoy Chinese contemporary art, and at the same time, make long-term investment.
Targeting at clients with minimum assets of 10 million yuan, the program is part of CMB’s private banking section launched in 2007 in collaboration with China Contemporary Art Foundation, which has a huge collection of more than 3,000 Chinese contemporary art works.
“We have worked with a group of Chinese and Western art experts to pick out 70 artworks including photos, oil paintings, wash paintings and sculptures, ranging from 10,000 to 1 million yuan,” said Su Yan, executive director of China Contemporary Art Foundation.
*** *** ***
Shenzhen Moca
The new (to be built) Shenzhen MOCA proposal. Thanks to Rpeckham for the tip.

Looks a bit alien mother ship, popular in China.
*** *** ***
The Economist is quite getting into the art world- another piece on Basel here. For anyone who reads their China coverage- remember its well written but usually wrong. They are economists after all. Look at the mess they got us into.
*** *** ***
A bit last week- but anyhow- look at pics of smashed galleries in Beijing’s 798.
*** *** ***
*** *** ***
Time blogs a Shanghai hotel
Quote:
The hotel’s replica 1930s BMW motorcycle and sidecar is one of its nicest innovations. This dashing conveyance is available for two-hour city tours with itineraries that can be tailored according to your interests, be they historical, architectural, cultural or culinary. Book a Destination Deco package, available from now until the end of the year, and the tour, along with a night’s accommodation and breakfast for two, is yours for around $250. For more information, visit yangtzeboutique.langhamhotels.com.
Goes on at some length, yawn…
*** *** ***
Looks like the USA mother ship will fail to arrive at the World Expo. Get your bid in now for the prime spot the US will fail to fill. A hot dog and beer concession would be best.
*** *** ***
The War Nerd explains the situation in Iran.
*** *** ***
1984 60 years on…
*** *** *** ENDS***