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|Picture shows Picasso's painting "Two Children Calais Campbell Jersey ," which depicts the famed artist's three-year-old son and one-year-old daughter. China's biggest real estate developer, Wanda Group, bought the painting for US$28.16 million at a Sotheby's auction in New York yesterday. WANDA Group, one of China’s biggest real estate developers, bought one of Picasso’s paintings for US$28.16 million at a Sotheby’s auction in New York yesterday.
It is the first time that a Chinese enterprise purchased a Picasso painting in the West.
Founded in 1988, the business of Wanda Group has diversified into areas including hotels Keelan Cole Jersey , cinemas, karaoke centers and department stores since 2005.
The painting purchased by Wanda was created by Picasso in 1950, and titled “Two Children.” The children in the painting are his three-year-old son and one-year-old daughter.
“This is one of Picasso’s favorite paintings, which had been hung in a conspicuous space at his studio until his death,” said Guo Qingxiang, the man who is in charge of Wanda’s art collection department. “We are pleased to purchase this painting at such a price Marcell Dareus Jersey , especially with the global economic slowdown, because another of Picasso’s paintings, ‘Boy with a Pipe,’ broke the world auction record at US$104.16 million in 2004.”
According to Guo, this is the first step in Wanda’s plan to widen its collection of Western masterpieces, apart from its current collection of Wu Guanzhong Jalen Ramsey Jersey , Shi Qi and Li Keran, all heavyweight names in Chinese modern art.
In 2012, Wanda Group acquired the United States-based cinema operator AMC Theatres for US$2.6 billion.
Since 2012, Wanda has been the name sponsor of the Chinese Super League football league. From 1994 to 2000, it was the primary sponsor for Dalian Shide FC (which was named Dalian Wanda FC at the time.)
ANKARA, July 3 (Xinhua) -- Turkish Foreign Ministry condemned Greece over a Greek coast guard boat opening fire at a Turkish cargo ship at international waters in the Aegean Sea off the coast of Rhodes island on Monday.
"We strongly condemn the unmeasured act of Greek authorities in this disgusting incident Telvin Smith Jersey ," the ministry said in a written statement.
The Turkish ship MV ACT carrying dry cargo was sailing from Iskenderun port in southern Turkey to Izmit port in northwestern Turkey when it came under attack by a Greek coast guard boat, according to the ministry.
Haluk Sami Kalkavan, the cargo ship's captain, told Turkish broadcaster CNN Turk that the Greek coast guard approached to his ship on three miles off the coast of Rhodes, and asked them to divert the route to Rhodes.
The Greek coast guard opened warning fire in the air after Turkish cargo ship's refusal, then onto the ship Blake Bortles Jersey , Kalkavan said, adding that there are at least 16 bullet holes on the ship.
Following the incident, Turkey sent two coastal guard boats and one assault boat to the area, escorting the cargo ship to Turkish waters, the Interior Ministry said.
No one was killed or wounded in the incident, it added.
Chinese aircraft carrier formation conducts trans-regional training
Water level in Changsha section of Xiangjiang River reaches record high
Central China's Guiyang hit by rain-triggered flood
2017 Canada Day Parade held in Vancouver
Weekly choices of Xinhua photo
In pics: sea of vervain in terraced fields in E China
Fireworks show held to mark HK's 20th return anniversary
Water level of Ganjiang River rises due to lasting rainstorm
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