Emerging market strategy definition,business marketing group,movie maker edit online - New On 2016

17.06.2015
This year’s South by Southwest festival promised bigger crowds, bigger performances, huge headlining speakers - like First Lady Michelle Obama and lastly, an introduction to the next wave of dazzling technology.
As droves of people descended upon the 29th annual SXSW Interactive Festival in Austin, they were expecting to see the next big thing in cinema, music and technology. At this year’s SXSW, Not Impossible Labs introduced a digital solution designed to assist those unable to speak. Architected by Eberling and computer software designer Javed Gangjee, they were able to design a technology that can take a person completely unfamiliar with computer technology and transform them into to a person capable of typing two-and-a-half words per minute or more. As in years past, this year’s SXSW did not go without its dissenters and naysayers that shouted about technology becoming too overwhelming and too large. What’s great about this type of technology is that as it emerges and companies like McDonalds, Gatorade or Gillette convert them into incredible interactive marketing, it also allows for the technology to become mainstream, making it easier to get access to. And I’d be remise not to mention that this type of technology is already being used for good.
In 1842, a young woman by the name of Ada Lovelace, a British mathematician and daughter of Lord Byron, wrote what is considered to be the first computer program. In simplest terms, it was the birth of the stepwise sequence of operations for solving certain mathematical problems and in conjunction with Charles Babbage, a path was written for the first executable computer program algorithm. On Monday, we posted Fast Five Facts about Public, Private, Hybrid cloud platforms that list the benefits of each.
The customer approached VAZATA with clear motivation to use hybrid cloud services and a need to divide the two applications between a private cloud services for the Accounting piece and a public cloud SaaS environment for the email -  by diversifying, it resulted in significant cost savings for the customer. This same scenario is happening more and more frequently as hybrid cloud becomes a more popular option and it’s pretty safe to say that the operations team here at VAZATA would agree. If anything, you should revaluate whether you can diversify your service providers like this company. To avoid confusion we provided some differentiators between public, private and hybrid cloud services.
All this talk about the Cloud probably has your head spinning because of how different it is from one minute to the next.
When you’ve ensured that you have quick backup after those chaotic 30 days, your disaster recovery kicks in and you, as a medical institution, financial bank or the lady on the corner selling yarn for a living, fire it back up to get back to business. 95% of businesses experienced outages for reasons unrelated to natural disasters (ZOMBIES!) DRaaS provides protection that matches that of a large corporation. Studies show that at least 82% of enterprises had a hybrid cloud strategy, up from 74% recorded in 2014 and the numbers that are trickling in for 2015 are pretty phenomenal too. Back in 2010, the Whitehouse stepped in and introduced a new policy around IT reform, putting parameters around emerging CSPs, specifically the ones that wanted to do business with a Federal Agency or the Federal Government.
VAZATA recently had the distinction of receiving Federal Risk Authorization Management Program (FedRAMP?) authorization for Managed Cloud Services after committing to a process that took a little over five years to complete; with that VAZATA was named the 21st company to reach that achievement. Government agency or not, you can take advantage of where you store your mission critical data. We’ve recently made an announcement about the milestone to shed light around our Virtual Federal Image (VFI) platform and its benefits, including the common tools, processes, and ease of provisioning, all while affording agencies a level of security that is not normally available in existing public cloud environments.
VAZATA is a managed hosting, Infrastructure-as-a-Service (IaaS) and cloud managed service provider serving Global 1000 businesses, U.S. Back in 2010, the Whitehouse stepped in and introduced a new policy around IT reform putting parameters around emerging CSPs, specifically the ones that wanted to do business with a Federal Agency or the Federal Government. FedRAMP is the result of close collaboration with cybersecurity and cloud experts from the General Services Administration (GSA), National Institute of Standards and Technology (NIST), Department of Homeland Security (DHS), Department of Defense (DOD), National Security Agency (NSA), Office of Management and Budget (OMB), the Federal Chief Information Officer (CIO) Council and its working groups, as well as private industry.
The Internet of Everything (IoE) or Internet of Things (IoT)  is the network of physical objects, devices, vehicles, buildings and other items with sensors and network connectivity that exchange data. Internet of Things (IoT) or Internet of Everything (IoE) is the quiet communication that is happening all the time. What I found to be the most intriguing was that some of the technology showcased was eerily familiar. At $4,000, this thing better spin records and do my taxes at the same time but to some, $4K for a turntable is an absolute prize. All in all, this camera is cool, I’d consider buying it at its $400 - $700 price point. Imagine this, you’re introduced to someone and you have a reaction that spikes your adrenaline.
The dress is comprised of dozens of Curie computing modules that tell the dress when to expand. As collectors, dealers, and curators across the world make plans to attend the Spring 1999 a€?Asia Weeka€? in New York, they will notice that for the first time in recent memory neither Sothebya€™s nor Christiea€™s has scheduled a specialized auction of Chinese paintings. In my former position as Director of the Chinese Painting Department at Sothebya€™s I devoted much time and energy and more than a decade of my life to establish and maintain New York as a major center of the international Chinese painting market. I remember clearly the first time I set foot in the old Sotheby Parke Bernet on Madison Avenue. The sale was held on November 2, 1979 and was a watershed event for the market for Chinese paintings in America, as well as the beginning of my career as a Chinese art dealer.
With the support of James Lally, then head of the Chinese Works of Art Department, we introduced a full range of Chinese paintings and calligraphy, including purely decorative works, modern and contemporary paintings, as well as pre-modern Chinese paintings, to a small but enthusiastic American audience, and in doing so helped to establish a legitimate price structure for individual artists and for the various types of anonymous Chinese paintings.
In May 1980, Sothebya€™s Hong Kong held its first sale of modern Chinese paintings, with Paula taking responsibility for the offerings. The decade of the 1980s saw the market for Chinese paintings increase exponentially due to a confluence of a number of factors. In order to accommodate regional tastes, both Sothebya€™s and Christiea€™s adopted, for the most part, the strategy of offering the best 19th and 20th century Chinese paintings in Hong Kong while holding sales of Song, Yuan, Ming and Qing dynasty paintings in New York. The most rewarding aspect of working at one of the major auction houses, at least from the standpoint of an expert department, is the ability to discover and make available to the public previously unknown or little-known works of art. Readera€™s Digest has recently been the subject of many art columns because of the highly successful auction held at Sothebya€™s featuring a significant portion of their corporate holdings of Modern and Contemporary paintings. The international character of the Chinese paintings market encouraged a global approach to marketing, in which Hong Kong and New York auctions complemented rather than competed with one another. Another important work of Yuan dynasty calligraphy appeared in Sothebya€™s New York June 1985 auction of Fine Chinese Paintings.
The great majority of works bought and sold at auction are done so anonymously, particularly in a relatively new market such as Chinese paintings.
The most exciting collection I ever worked on, however, was perhaps more interesting because of its owner than for its contents, although the collection did contain several masterpieces. At this time Zhang Xueliang was technically still under house arrest but, as he had already outlived most of his detractors and he posed no threat to the government of the Republic of China, he led a fairly unfettered existence and was even permitted to visit friends and go out to dinner. By the time Zhang Xueliang was finally released from house arrest in 1988, many of his best paintings had already been sold through New York auctions, but he still retained in Taiwan a large number of paintings and calligraphy, including hundreds of fan paintings.
The success of the Dingyuanzhai auction was the culmination of a trend which had begun in the mid-eighties--the dominance of Taiwanese buyers in the Chinese art market. Taiwanese buyers were not a factor in the sale of a 17th century masterpiece six months later at Sothebya€™s.
The sale of the Wu Bin handscroll in December 1989, was clearly the highlight of my career at Sothebya€™s. There were many reasons why I resigned from my position at Sothebya€™s in October 1992, after turning down a significant promotion. In 1995 Christiea€™s began producing semi-annual sales of a€?Fine Classical Chinese Paintingsa€? in Hong Kong, based on the presumption that the majority of buyers were in Asia and that holding sales closer to home would allow Christiea€™s to take advantage of the a€?Pacific rima€? economic boom.
Yet, in the six years that have passed since my resignation, both Sothebya€™s and Christiea€™s have held auctions in New York and they have continued to offer a number of excellent works.
Nevertheless, there is no lack of interest for Chinese paintings in America, nor is there a lack of understanding and expertise. As we enter a new year that finds parts of Asia, including Hong Kong, in the midst of the regiona€™s biggest economic decline in decades, we may question the wisdom and timing of Sothebya€™s choice to put all its Chinese painting eggs in one Asian basket.
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Shadow Skeletons and New Realitiesa€“Guohua and Cultural Identity (Reprinted from Kaikodo Journal VI, October 1997, pp. As the dawn of a new millenium rapidly approaches, modern and contemporary Chinese art is receiving an unprecedented amount of attention throughout Asia and the West. There is now a thriving art market for contemporary Chinese paintings, done in both traditional and Western styles. As we try to absorb this impressive flood of images and information about 20th century Chinese art we are suddenly encountering, and before we begin to assess the artistic and art-historical merits of these works of art, it is useful to present a brief outline of some of the major issues that have concerned Chinese artists during the last century and identify some of the stylistic trends that have shaped the context in which the art of this period was and is being created.
During the past one hundred years the political, social, and economic systems of China have been transformed on an unprecedented scale. Kanga€™s views represented the prevailing attitude among progressive Chinese intellectuals who associated modernization with Westernization and Westernization with the development of science and technology. Many artists chose not to abandon completely traditional Chinese painting but tried instead to make adjustments in subject matter or style in order to broaden its appeal and update its appearance, making it more responsive to the perceived needs of contemporary society. Most critics, including Kang Youwei, advocated a synthesis of Western and Chinese art: a€?if we adhere to the old way without change, Chinese painting will become extinct.
Kanga€™s approach was based on a formulation that he and the other a€?self-strengthenersa€? of the unsuccessful 1898 reform movement had advocated as a solution to most of Chinaa€™s ills.
During the first decades of this century, numbers of young painters took up Kanga€™s challenge in earnest. Although agreeing on the general premise that Chinese painting needed an infusion of Western artistic know-how in order to advance into the modern age, the three leaders of this Westernizing movement, Xu, Liu, and Lin, did not see eye-to-eye on much else. The arguments among these three and their followers as to which foreign models to follow were as vehement as those waged by traditional painters about whether to imitate the Four Wangs (as did Wu Hufan and his students) or Shitao and Bada Shanren (as did Zhang Daqian and his followers). The decades of the 1920s and 1930s were a period of great creativity and artistic experimentation. By the end of the 1930s the future of Chinese art looked promising, albeit somewhat confused.
The politicization of all aspects of the processes of creating, exhibiting, publishing or otherwise disseminating art in the Peoplea€™s Republic of China is discussed in several recent studies and doubtless will continue to be a subject of inquiry for many years to come. Mao Zedong, in his 1942 a€?Talks at the Yana€™an Conference on Literature and Art,a€? had clearly stated his belief that art must serve the people, and that there could not be art for arta€™s sake. Each individual is born into a culture, and its orientations and basic beliefs shape him and remain deeply rooted in his personality all of his life. LeShan and Margenau are concerned with the inherent limitations of the physical sciences to adequately describe and explain all manner of phenomena, particularly as new scientific discoveries have revealed microcosms and macrocosms for which standard Newtonian assumptions about time and space do not hold true. In Maoist China the art bureaucracy attempted to condition societya€™s perception of reality by strictly limiting the artistsa€™ range of acceptable themes and styles, and by short-circuiting the natural feedback process through the stringent control of all means of criticism. Many early attempts to synthesize guohua techniques and approaches with new a€?revolutionarya€? subject matter failed for precisely this reason. Among all artists, traditional painters had the most difficulty modifying or updating their artistic techniques in order to satisfy the needs of the new society as envisioned by the leaders of the Peoplea€™s Republic.
Although the intent of the theoreticians, such as Kang Youwei and Cai Yuanpei, was to modernize Chinaa€™s art following Western models, Xu Beihonga€™s style of academic realism was conservative, perhaps already outdated, by the time it reached China. Western art was of course undergoing its own revolution, reflecting new concepts of reality engendered by Einsteina€™s Theory of Relativity, quantum mechanics, particle physics and other scientific discoveries and philosophical intuitions. It was the Chinese artists working in Taiwan and abroad, including Zhang Daqian (1899-1983), Wang Jiqian (C.C.
Working outside the constraints of the Maoist regime in relatively free artistic environments, these artists have made great strides in creating a true synthesis of traditional Chinese and modern Western painting styles. The current exhibition presents the work of a new generation of traditional, guohua painters, active in China, Hong Kong, Taiwan, and overseas.
This generation of younger artists grew up at a time in which, when political realities renders questions of cultural identity unavoidable.
Even for those who have practiced continuously the discipline of traditional Chinese painting, the period of the 1980s and 1990s seems like a new beginning.
One may question the extent to which guohua has progressed in the five decades since the founding of the Peoplea€™s Republic, or for that matter, in the nearly nine decades since the fall of the Qing dynasty, but, given the extent and intensity of the criticism aimed at traditional Chinese painting and everything that it stood for, and with the recent availability of so many other artistic options, it is perhaps surprising that the art form has persisted at all. In an age of rapid information exchange and an increasingly global popular culture, it is very possible that a truly international style of art, in oils, acrylics or, more likely, some yet-to-be-invented digital medium, will be developed in the 21st century. A multicultural environment will recognize shared cultural values but it will also embrace cultural differences and encourage the preservation and development of traditional art forms. I discovered a remarkable collection in Germany which yielded a significant number of important works of Chinese painting, calligraphy, and ink rubbings, which were sold off gradually throughout the decade. Sothebya€™s December 1984 auction of Fine Chinese Paintings included several important works dating from the 13th century to the present. France was also the source of an intriguing album of ten leaves ascribed to the great Southern Song dynasty painter Ma Yuan sold in December 1986. In the aftermath of a BrokerCheck study that concluded 1 in 13 advisors have tainted histories, Senator Elizabeth Warren (D-Mass.) is asking the Financial Industry Regulatory Authority to disclose plans for curtailing broker misconduct. In the most recent Eaton Vance Advisor Top-Of-Mind Index study, more than half of advisors surveyed said their concerns over market volatility have increased in the past 12 months. Brilliance isn’t essential for successful financial professionals and, if anything, can be a characteristic that makes employees hard to manage, says David Rubenstein, founder of private equity advisor The Carlyle Group.
Advisory firms often focus on training their sales reps and ensuring that advertising and web campaigns target appropriate customers. Changes to forms 1099-R and 5498 that require IRA custodians to disclose hard-to-value assets in IRAs could lead to the Internal Revenue Service increasing its enforcement of required minimum distributions. Present bias, or spending money now rather than saving, and failing to appreciate the power of compounded earnings has cost retirement savers $1.7 trillion. A lawsuit alleging that Edison International improperly favored high-fee funds for its 401(k) plan has been rejected by 9th U.S.
The Security and Exchange Commission’s Investor Advisory Committee wants the regulator to mandate that standard fees be disclosed--in actual dollar amounts--on customer account statements. Morgan Stanley is building a help desk with more than 10 staffers who will answers questions from financial advisors about complying with the new retirement fiduciary rule. Even though markets have been calm recently, the large equity selloff in the second half of 2015 and in the early portion of 2016 illustrates how quickly investor sentiment can sour. Robo-advisor Betterment has raised another $100 million in venture capital and plans to use the funding to build out additional advice products. The registered investment advisor community is quickly growing as clients increasingly prefer working with advisors who comply with the fiduciary standard, says Bill Van Law, president of Raymond James’s Investment Advisors Division. Advisors with the Certified Financial Planner distinction tend to have higher levels of trust among clients and earn, on average, 20% more than other advisors, according to a study funded by the CFP Board of Standards and conducted by the Aite Group. The Securities and Exchange Commission has created the office of Risk and Strategy to focus on examining investment advisors and mutual funds. Many Americans nearing retirement age are pursuing careers with a charitable or civic service nature, which is creating opportunities for financial planners. The Securities and Exchange Commission’s decision to shift resources from broker exams to advisor exams has been driven by necessity, says Marc Wyatt, director of the examinations office. Among black working-age households, 62% have no savings in retirement accounts, while only 37% of working-age white households lack such savings, according to a National Institute on Retirement study. Individuals who are old enough to sneak past the recent termination deadline for using the file and suspend strategy that helps boost Social Security benefits are reportedly being told they are not allowed to use the strategy.
A study of retirement assets during the 2000s has concluded that retirees in the top quintile of wealth have been spending substantially less than their savings allows for. Funding for the Securities and Exchange Commission and the Futures Trading Commission would be doubled by 2021 under the budget recently proposed by President Obama. President Obama’s proposed budget includes provisions that would increase the number of Americans covered by employer-sponsored retirement plans by expanding the use of multiple employer plans. Bill McNabb, who is the chief of ETF giant The Vanguard Group is warning the industry that the large number of ETFs being launched could create problems for investors. The Department of Labor’s proposed fiduciary standard could create a big increase in orphan accounts, which are accounts that end up being managed by home offices rather than by broker-dealers registered reps, says Paul Sankovich, chief compliance officer at Wells Fargo Advisors Financial Network. The Financial Industry Regulatory Authority (FINRA) is investigating how robo advisors manage risk, says Dawn Calonge, surveillance director at the organization. Deena Friedman, who skippered the Fidelity Select Retail Fund to an 18.59% return in 2015, has been selected by Bloomberg as the stock picker of the year. Only one out of every five advisor recruits stays in the industry, but firms can take various steps to improve retention. The Securities and Exchange Commission has fined Everhart Financial Group nearly $240,000 and ordered the advisory firm to appoint a chief compliance officer after the regulator determined that the company was inappropriately recommending funds with 12b-1 fees for retirement plans. With weakening economic growth in China and other concerns driving market volatility, billionaire investor George Soros says capital markets currently remind him of conditions that existed during the economic crisis of 2008. For financial advisory firms, implementing customer relationship management technology can be a high stakes and dicey undertaking. Galen Marsh, who as a Morgan Stanley advisor downloaded client data to his home computer without permission, has been sentenced to three years of probation and ordered to pay $600,000 in restitution. Retirement plan fees are falling as 401(k) participants increasingly embrace low-cost products. The proposed Department of Labor fiduciary standard could cost the financial industry in excessive of $2.4 billion in lost transaction revenues, which is more than double most estimates, says Morningstar Analyst Stephen Ellis. A small number of stocks including Amazon, General Electric, Alphabet, Microsoft, and Facebook drove market gains in 2015. Having $30,000 in student debt can cut as much as $325,000 from 401(k) balances by the time an individual reaches retirement. Only 64% of advisors responding to a recent Russell Investments Financial Professionals Outlook survey have a positive outlook for capital markets over the next three years. Online market gurus have been forecasting rapid growth of web surfers connecting to cyberspace with smartphones and tablets and a decrease in the use of desktops and laptops.
Smart Beta exchange traded funds captured $3 billion in assets in October and $53.7 billion during the first ten months of this year, according to London-based research firm ETFGI. Despite occasional articles about advisors stealing from clients, only 2% of individual advisors have reported criminal charges such as felony convictions or investment related misdemeanors, according to an analysis of industry data by Big Crunch. Morgan Stanley advisors who land clients that need cash management services next year can receive bonuses up to $50,000.
Susan Elizabeth Walker, 51, of Plymouth, Minnesota, has been sentenced to more than seven years in the slammer after being found guilty of stealing $1.1 million from at least 24 clients. The Securities and Exchange Commission has issued a warning regarding outsourced compliance programs based on deficiencies that it has uncovered during examinations.
Providing low-cost tax return preparation to generate financial planning prospects is just one of a variety of successful strategies. During the past year, daily equity market declines and gains exceeding 1% have been common, with investor sentiment quickly changing based on the prevailing outlook for the Federal Reserve’s monetary policy. File and suspend, which allows one member of a couple to receive a spousal benefit from Social Security while both spouses’ benefits continue to accrue, would be terminated under the budget bill that was recently passed by the House of Representatives. Mounting levels of student debt and declining home ownership among younger people means that many recent college grads will have to work to age 75 before retiring. The Certified Financial Planner Board of Standards should be raising the requirements to become a certified financial planning. Periodically adjusting asset allocations based on expected returns of different asset classes can generate better returns than traditional target date funds, according to back testing completed by Grantham, May, van Otterloo. Boston-based startup firm Gradifi has launched the Student Loan Paydown Plan, which allows business to make payments toward their employees’ student debt. Impact investors, or those investors seeking to invest in a socially responsible manner, don’t have to sacrifice returns to stay true to their calling, according to a new Wharton School study.
In the next five years, private wealth is estimated to grow from approximately $14 trillion to $22 trillion.
Traditional advisors can compete with robo-advisors by being prepared to answer tough questions about fees, understanding what services clients value, expanding their referral networks, and clearly articulating the range of services they provide.
Advisors should ensure that female clients can find financial planning documents, such as life insurance policies in the event that they outlive their husbands. Advisors need to address frequently overlooked aspects of their digital branding to ensure that their reputation and marketing are assets rather than liabilities. The Department of Labor is moving forward with a rule change intended to help states start retirement plans without running afoul of regulations included in the Employee Retirement Income and Security Act. Financial services firms are awaiting a list of products that the Department of Labor may restrict from being used in IRAs as part of its fiduciary standard rule. Investors younger than 40 ramped up stock purchases on August 24 when the market tanked 1,000 points at the open, according to Robinhood, which is a stock trading app that is frequently used by Millennials. The Social Security Administration says it will provide retroactive spousal benefits to same-sex couples that were married in states that previously didn’t recognize such matrimonial unions, according to attorneys for plaintiffs.
Many advisors may cringe when conversations suffer from akward silence, but such moments can lead to more productive conversations. Labor Secretary Thomas Perez says he will continue to push for a fiduciary standard for retirement plan advisors even though Republicans and moderate Democrats are concerned that the rule could harm low-income individuals. Advisors need to understand the complex emotions that can accompany sudden wealth in order to best serve their clients. While blissful couples pledge to stay married until death, the reality is that approximately 50% of marriages inthe U.S.
Collecting Social Security early can help retirees assess how much they can spend because the payments are consistent. The annual household savings rate climbed to 5.5% last year, up nearly a full percentage point from 2013.
Advisors can engage their clients and strengthen relationships by using appropriate teaching styles for each investor’s preferred method of learning. May and June have been tough months for Bill Gross and his Janus Global Unconstrained Bond Fund with investors withdrawing $50 million from the portfolio during the period, according to Morningstar. The Securities and Exchange Commission recently awarded a whistleblower $3 million for information that helped the regulator crack a complex case of fraud.
Advocates of the fiduciary requirement for retirement investment advisors have delivered a petition with 230,000 signatures to the Department of Labor to urge the regulator to support the proposed standard. Industry trade groups are proposing legislation that would require retirement planning advisors to serve in the best interest of clients rather than comply with the Department of Labor’s proposed fiduciary standard, says Steve Saxon, chairman of Groom Law Group. Emerging Markets ESG is dedicated to the analysis, benchmarking, development and promotion of reporting on environmental, social and governance (ESG) indicators in emerging markets. This week’s interview is with Vipul Arora, Co-Founder and Managing Director, Solaron Sustainability Services, India. With a team of more than 82 analysts fluent in 23 languages located across 15 emerging markets, Solaron Sustainability Services has been able to conduct ground level primary research directly in the relevant markets.
Vipul Arora:  Going by our definition of SRI, most mainstream investors would look typically at financial returns and that too primarily from the perspective of shareholders only. SRI as it has been just defined is more inclusive and looks at a ‘holistic’ picture of real risks and returns of the business.
Hence SRI defined like this is a wonderful framework that captures the real essence of a company.
Emerging Markets ESG:  Which extra-financial theme – environmental, social or governance – is the most challenging for companies in emerging markets to manage? Vipul Arora:  Though all three are a bit difficult, I would say governance is the most difficult for companies to manage, speaking generally. There is another category of companies that are genuinely aware of the ESG risks, especially governance risks and are taking meaningful long term steps to manage it well.
Of course, there is the big ‘middle class of companies’ with a large number of them that just intend to follow what the market leaders are doing, but at their own pace.


So, the important thing for investors is to distinguish which category a company falls into and deal with it accordingly. Emerging Markets ESG:  Which extra-financial theme – environmental, social or governance – is the most challenging for investors in emerging market companies to analyze? Emerging Markets ESG:  According to conventional wisdom, SRI is developing slowly in emerging markets because of the low percentage of emerging market equities owned by Western institutional investors?  What is your view?  In your opinion, what is driving SRI in India and other emerging markets? A good sign though is that most Western institutional investors are now reviewing their EM strategies and some progressive ones are already increasing their EM equity exposure. A multi-stakeholder approach is needed to make more progress in this direction and we cannot expect results very quickly. Currently the Mayor of London, he previously served as the Member of Parliament for Henley-on-Thames and as editor of The Spectator magazine. Johnson was educated at the European School of Brussels, Ashdown House School, Eton College and Balliol College, Oxford, where he read Literae Humaniores. On his father's side Johnson is a great-grandson of Ali Kemal Bey, a liberal Turkish journalist and the interior minister in the government of Damat Ferid Pasha, Grand Vizier of the Ottoman Empire, who was murdered during the Turkish War of Independence.[5] During World War I, Boris's grandfather and great aunt were recognised as British subjects and took their grandmother's maiden name of Johnson.
Try as I might, I could not look at an overhead projection of a growth profit matrix, and stay conscious. He wrote an autobiographical account of his experience of the 2001 election campaign Friends, Voters, Countrymen: Jottings on the Stump. Johnson is a popular historian and his first documentary series, The Dream of Rome, comparing the Roman Empire and the modern-day European Union, was broadcast in 2006. After being elected mayor, he announced that he would be resuming his weekly column for The Daily Telegraph. After having been defeated in Clwyd South in the 1997 general election, Johnson was elected MP for Henley, succeeding Michael Heseltine, in the 2001 General Election.
He was appointed Shadow Minister for Higher Education on 9 December 2005 by new Conservative Leader David Cameron, and resigned as editor of The Spectator soon afterwards.
A report in The Times[22] stated that Cameron regarded the possible affair as a private matter, and that Johnson would not lose his job over it.
The Conservative Party hired Australian election strategist Lynton Crosby to run Johnson's campaign. Johnson pledged to introduce new Routemaster-derived buses to replace the city's fleet of articulated buses if elected Mayor.
I believe Londoners should have a greater say on how their city is run, more information on how decisions are made and details on how City Hall money is spent. Ken Livingstone presides over a budget of more than ?10billion and demands ?311 per year from the average taxpaying household in London.
Under my Mayoralty I am certain that London will be judged as a civilised place; a city that cares for and acknowledges its older citizens.
The Mayor’s biggest area of responsibility is transport, and I intend to put the commuter first by introducing policies that will first and foremost make journeys faster and more reliable. The program gave Don Moir his voice back and even more remarkable, he gained independence back as well. A children’s hospital in Atlanta is looking at VR as a means to immerse their patients into a completely different environment while undergoing chemotherapy treatments. They had assets that required certain levels of compliance, while pieces of their environment that did not.
Knowing which one is best for your company can be a challenge so here’s some fast facts about each. In the movie World War Z starring Brad Pitt, they still had power, running water and some sense of order, so I’m going to start there.
I get that DRaaS might seem a little extreme if you feel like you may not want to replicate your data in case zombies come crashing into your office. To prepare for a zombie attack (or maybe an earthquake, whichever comes first), we know we have to have a continual plan to replicate your physical or virtual servers through a third-party as a fail-safe way to protect yourself from a man-made or natural catastrophe. If you’re an SMB, DRaaS is not something strictly related to businesses with large volumes of data. With such a high level of utilization, the landscape can get crowded and regulation for public and private sectors can shift and change rapidly, making it feel like the Wild West. Our FedRAMP security authorization is the highest level of security attainable and with an intense audit performed every 30-days so you know your data is fully protected. It’s estimated that this last year, a total spend of $235 billion was supported by IoT.
In fact, I wonder what some of this stuff is even doing there since some were introduced back in the 1930’s. The electronic motor has been replaced with a wireless one to eliminate vibrations and deliver clearer audio.
Let me begin with, the first Super 8 camera was introduced in 1965; 51 years later, here it is again. But throw in physical Super 8 film cartridges, and you might find me wondering why I didn’t leave it to the experts. The workloads vary, the sensitivity varies, and the need for public and private cloud vary. Sothebya€™s has effectively closed the department in New York, referring prospective sellers to their Hong Kong office.
The recent decision by the two leading auction houses to eliminate or significantly reduce sales in New York has prompted me to review briefly the history of Chinese paintings at auction and to reflect upon the current state of the market. It was Autumn of 1979 and I had been approached by Paula Gasparello of the Chinese Works of Art Department to assist in the cataloging of a number of important Ming and Qing dynasty paintings from the estate of Ruth Spelman. In October our fledgling New York department produced an unprecedented sale of 145 works by living Chinese artists, which featured paintings by Zhang Daqian, Cheng Shifa, Huang Junbi, Li Keran, Wang Jiqian, Li Kuchan, Yu Chengyao, Qian Songyan, Xie Zhiliu, Xu Bangda, and others.
In the West, particularly in America, academic interest in pre-modern Chinese painting was at a peak and a number of important museum exhibitions--such as a€?Eight Dynasties of Chinese Painting,a€? organized jointly by the Cleveland Museum of Art and the Nelson Gallery-Atkins Museum, Kansas City--provided increased access to an ever-more appreciative public. This allowed for two major sales per year in each location and enabled both buyers and sellers to consolidate their efforts and focus their energies on those works that most interested them. While at Sothebya€™s I had the good fortune to bring to the market quite a few important works of Chinese painting and calligraphy, many with obscure or unexpected provenances.
Because the Readera€™s Digest collection of European paintings was so well known, its appearance on the auction block was accompanied by much fanfare and anticipation, but the art world at large is unaware of the quiet role that the collection played in the development of the Chinese painting market in New York. In addition, collectors and dealers in Hong Kong, taking note of the positive results of the auctions of pre-modern Chinese paintings, began to consign works for sale in New York. One of the early successes from this consignment was the sale, on June 13, 1984, of an album of twenty-five letters by Song and Yuan dynasty calligraphers). Expertise and administrative support were shared between the two auction sites, as were salaries and expenses. Zhao Mengfua€™s 1303 a€?Record of the Repair of the Three Purities Palace at the Temple of the Mysterious and Marvelousa€? (Xuanmiaoguan chongxiu sanqingdian zhiji), a handscroll written in regular script, was consigned by a young Chinese gentleman who had acquired it in France from a French family who knew nothing of its origin or its potential historical or monetary value. The consignor of this set of landscapes was a wealthy Parisian who was a major collector of modern European paintings and was thus well known to the Sothebya€™s Paris office. Part of the attraction of the process is the element of surprise; one never knows what may turn up in the next sale. I refer to the collection of Zhang Xueliang, known to students of modern Chinese history as the a€?Young Marshall.a€? Zhang is the son of the powerful Manchurian warlord Zhang Zuolin, who was assassinated in 1928. An intermediary had brought two fine 18th century paintings into the Sothebya€™s Taipei office.
I met him in person for the first time, along with Rita Wong, and for the next ten years we had many opportunities to visit with him and his wife Edith and we shared several meals with them. In consultation with Rita Wong he made the bold decision to offer the remainder of his collection at public auction in Taipei, using his studio name Dingyuanzhai.
Collectors and dealers from Taiwan were already extremely active in most facets of the market, especially porcelain, jadeite jewelry, and modern paintings.
Both of these paintings, as well as most of the top lots in the sale, were purchased by Taiwanese collectors. Wu Bina€™s a€?Ten Views of a Fantastic Rocka€? is one of the most extraordinary Chinese paintings ever to appear on the auction market. The Chinese paintings market was strong but just as the demand for paintings and calligraphy was reaching a peak, the availability of good quality paintings had greatly diminished.
To some extent, I was not happy with the way the company was being run and I was dissatisfied with the direction in which both auction houses were heading. The sales were successful but they had the negative effect of competing with New York for both consignments and resources.
Christiea€™s, in particular, has been successful because of major consignments, such as the group of important Song dynasty fan paintings from the collection of Stephen Juncunc. In fact, the level of sophistication among Western buyers (including overseas Chinese) is such that they recognize and demand high quality examples of works by both major and minor artists of all periods. Exhibitions of works in all media by Chinese artists from mainland China, Taiwan, Hong Kong (once again a part of China after a century of British rule), and overseas have been mounted or are being planned throughout Asia, Europe, and the United States. Auctions of this material are now held on a regular basis in many cities throughout China as well as in New York, Hong Kong, Taipei, and Singapore. Even before the Imperial monarchy that had ruled China for several thousand years was completely overthrown in 1911, the Chinese had begun to assess their inherited traditions and values and to question their very cultural identity. Traditional Chinese painting (guohua)2 especially as practiced after the Song dynasty, was specifically criticized for its lack of realism or naturalism, and the conscious disregard by its practitioners of the harsh realities of contemporary society in favor of a rarefied vision of an ideal Confucian society which had never existed in fact. This colloquialization (to borrow a phrase describing a similar but more far-reaching movement in literature) of Chinese painting is epitomized by the work of the great Qi Baishi (1864-1955), whose colorful depictions of common objects from everyday life enlivened the tradition through the introduction of a colloquial vocabulary of familiar images. Some, like Fu Baoshi (1904-1965) and the Gao brothers (founders of the Lingnan School), traveled to Japan to investigate the process by which Japanese artists were modernizing their native traditions by a selective incorporation of Western techniques and styles.
History would note that, at least for the short term, Xu Beihonga€™s academic realism ultimately won out, although more for political and ideological than artistic reasons. Artists were free to work in all media, which they did in an incredible range of styles and with tremendous passion and dedication. 8 Although many questions remain and many individual stories have yet to be recounted, it is clear that one of the casualties of mainland art policy from the 1950s to the 1980s was Chinese traditional painting. During the 1950s Mao began to make good on his promise by revamping the entire system of art education and production. If he moves into a new culture with other orientations and basic beliefs, the two versions of reality are dissonant within him.
The sources from which a field grew remain within it as a shadow skeleton, and they partly define what is real and what is true, what is sense and what is nonsensea€“in short, what is the basic shape or essence of reality.
Alternate realities and multiple truths cannot be understood through their physical means alone. In periods when control over the arts was most absolute (during the many anti-rightist campaigns, for example) artists were not only told what subjects to paint but were also given stylistic directives.
Obviously, Western and Chinese painting had very different roots and very different evolutions; they are the products of completely dissimilar world views and emerge from disparate cultural contexts.
The repressive policies of the PRC ensured that this type of painting, with some ideological a€?improvements,a€? became the official means of artistic expression. Just when Chinaa€™s artists were mastering a style of painting which they thought was modern, Western artists and critics were rejecting both the style and the cultural construct it represented, and at a time when Western artists such as Picasso, Paul Klee, Mark Toby, and Jackson Pollock were recognizing and embracing non-Western artistic traditions, including Chinese painting and calligraphy, the Chinese themselves were declaring some of these same traditions invalid. It is thus upon the foundation of their work that the future of guohua is likely to be built. It is true of course that guohua represents only one aspect of Chinese painting, which, in turn, is only one aspect of Chinese art as a whole. Their relationship to the the historical past of China and its traditional values depends to a great extent on where they were raised.
This new generation of artists approaches the tradition with fresh eyes and renewed energy.
It has been nearly one hundred years since Kang Youwei issued his challenge to a€?begin a new era by combining Chinese and Western art,a€? and now, a century later, it can be argued that not only have these lofty ideals not been fully attained, but the fundamental questions of artistic and cultural identity remain largely unanswered.
It is worth noting, however, that as we enter the 21st century, the global context in which we live is vastly different than the one in which Kang Youwei, Cai Yuanpei or Xu Beihong existed. As popular culture becomes more global it also becomes more homogenized and the unique characteristics of a particular culture or ethnic group become all the more distinctive and significant. I use the terms guohua and a€?traditional Chinese paintinga€? interchangeably, to refer to work painted with traditional Chinese pigments on traditional paper or silk.
Kang Youwei, Travels in Eleven European Countries, quoted in Lawrence Wu, a€?Kang Youwei and the Westernisation of Modern Chinese Art,a€? Orientations (March 1990), pp. Quoted in Michael Sullivan, Art and Artists of Twentieth-Century China, Berkeley, Los Angeles, London, 1966, p. Lawrence Leshan and Henry Margenau, Einsteina€™s Space and Van Gogha€™s Sky: Physical Reality and Beyond, New York, 1982, p.
Those include services on its 401(k) platform and additional features for use by financial advisors. Now, recent data suggests the use of such portable devices has exploded, which underscores the need for advisors to ensure that their websites are well equipped to handle smartphone and tablet traffic. Instead, it is making it easier to obtain the credentials, writes Rick Kahler, who is president of financial planning firm Kahler Financial Group. During that period, furthermore, women are expected to control two-thirds of private wealth. La Placa and a handful of other team members that collectively manage $3 billion in assets have left the San Francisco office of Deutsche Bank to start their own firm. These companies lead their sectors in corporate governance performance and more often than not, in the environment (E) and social (S) parameters as well. We cannot expect them to have world class governance practices in the near future, but they will not act as sinks of investment value. However, this cannot be done merely by looking at their policies and programs (the official stand) but requires looking at their ‘real world performance’. Most norm based frameworks that work well in developed world context would give poor results in EM governance evaluation. Most domestic investors in different EMs do not yet value ESG; hence companies find no incentive to disclose.
In reference to his cosmopolitan ancestry, Johnson has described himself as a "one-man melting pot" — with a combination of Muslims, Jews and Christians comprising his great-grandparentage.[6] His father's maternal grandmother, Marie Louise de Pfeffel, was a descendant of Prince Paul of Wurttemberg through his relationship with a German actress. They have two sons—Milo Arthur (born 1995) and Theodore Apollo (born 1999)—and two daughters—Lara Lettice (born 1993) and Cassia Peaches (born 1997).[13] Boris Johnson and his family currently live in Holloway, North London. In 1999 he became editor of The Spectator, where he stayed until December 2005 upon being appointed Shadow Minister for Higher Education.
He is also author of three collections of journalism, Johnson's Column, Lend Me Your Ears and Have I Got Views For You. On 2 April 2006 it was alleged in the News of the World that Johnson had had another extramarital affair, this time with Times Higher Education Supplement journalist Anna Fazackerley.
Yet Londoners have little confidence in the Mayor spending their money with care and prudence.
It was here that David Cameron and all his supporters gathered to congratulate him on becoming Mayor of London. You could decorate the place with colorful balloons, paint brushes and whatever doodle you thought would be cool and then walk away with a printed copy of your masterpiece! But remember, you want to pick up where life left off before you ran away from your sleepwalking neighbor.
From the security assessment, authorization and continuous monitoring, it’s an intense audit all around.
The company provides highly secure, stable, and scalable technology solutions that meet the challenges of its global customers using a proprietary cloud architecture called vStructure™. Another one was Google Glass - people have actually coined the term Glasshole because of them, yikes! Physically, there’s a 10-mm thick aluminum top panel and an aluminum tonearm, making the turntable look sturdier, sleeker and more contemporary.
The device offers a digital LCD flip-out panel as a viewfinder, integrated microphone and the capability of shooting at 9, 12, 18, 24 and 25 frames per second. In its most refined definition, hybrid cloud is a cloud computing environment which uses a mix of on premise and third-party, public cloud services with communication between the two platforms. Christiea€™s plans to include a small selection of paintings within their auction of Chinese Works of Art in New York, followed by a larger specialized sale of Chinese Paintings in April in Hong Kong. The results of this auction provided compelling evidence that high quality Chinese paintings, rigorously catalogued, could be sold successfully at auction and demonstrated that there was sufficient institutional and private interest in the United States to warrant serious attention on the part of the auction houses.
Many of these artists were unfamiliar to western collectors and few had ever been previously offered at auction.
Wong as a specialist in Chinese painting and a mutually beneficial rivalry developed between the two houses.
In the Asia--especially Hong Kong, Taiwan, and Singapore--economic prosperity, political stability, and increased education created an environment conducive to collecting art.
In cooperation with their regional offices and representatives throughout the United States and abroad, the auction houses took advantage of their broad networks of contacts to locate potential sellers and to attract potential buyers.
In June of 1982, when the Chinese painting department was struggling to gain credibility and recognition, Sotheby Parke Bernet offered for sale an extremely important painting by the most significant living Chinese painter of the time, Zhang Daqian. By 1984 the increased supply of good works, coupled with evidence of a modest but increasing demand internationally, justified semi-annual specialized sales of Chinese paintings and calligraphy accompanied by the publication of separate catalogues.
Included among the leaves were examples of writing by the Song dynasty writers Liu Wuyan, Wang Sheng, Wu Ju, and Fan Chengda, and the Yuan dynasty calligraphers Zhao Mengfu, Xianyu Shu , Qiu Yuan, Zhang Yu, and Ni Zan. Signed Hengshan Wen Bi, and inscribed with a date corresponding to October 30, 1499, this short handscroll was accompanied by a most impressive series of colophons written by many of the luminaries of late 15th-early 16th century Suzhou, including Shen Zhou, Wu Kuan, Zhu Yunming, Wang Chong, Chen Shun, Peng Nian, Wang Guxiang , Wen Peng and others.
The system required cooperation and coordination and it succeeded because the individuals involved were firmly committed to the success of the enterprise. The new owner knew little more, except that it bore the signature of the famous Yuan dynasty literatus and he purchased it on the chance that it might be genuine.
She could not remember where or when she had acquired the album but since it did not fit in with the rest of her collection she decided to sell it.
Buyers are always looking to acquire a€?fresh goodsa€? that have not appeared on the market before.
After his fathera€™s death, Zhang Xueliang took control over much of northeastern China and was a major player in the subsequent period of warfare, politics, and intrique which shaped the face of modern China. Prior to this occasion I had seen very few good Chinese paintings in private hands in Taiwan. He was always excited to talk about Chinese art, collecting, and his longtime friendship with Zhang Daqian, who had died in 1983.
Although I had already resigned my position at Sothebya€™s, at Zhanga€™s request I assisted in the cataloging of the sale. During the late eighties and early nineties they became increasingly prominent bidders in New York sales of pre-modern paintings.
Measuring more than thirty feet in length, the painting consists of ten sections, each depicting a specific view of a scholara€™s rock, as viewed from different angles. We had developed an international interest in an art form that had previously seemed to many to be unapproachable and unsaleable. Many of the new buyers--I hesitate to call them collectors--seemed to be in a hurry to buy a€?masterpieces,a€? major paintings by major artists. The nature of the auction house and its role in the art market had changed over the years; it had become much more of a retail outlet and had lost much of its exclusivity. The establishment of regular auction sales of Chinese painting and calligraphy in Beijing, Shanghai, and elsewhere within mainland China, as well as in Taiwan, has further diluted the supply of quality works available to the New York-based auctions. The Chang Family Han Lu Studio Collection, sold by Christiea€™s New York in September 1996, featured a rare group of letters by Song dynasty writers in addition to several fine paintings and calligraphic rubbings. If the market rejects poor works of questionable attribution, that, in fact, is a positive indication for the field of Chinese paintings as a whole. In New York, the Metropolitan Museum of Art has recently opened their renovated Chinese Galleries and, for the first time, thanks to a generous gift from Robert H. Specialized galleries have been established all over the world and several dealers in ancient Chinese art (including Kaikodo) have begun to feature contemporary paintings as well.
The type of guohua practiced by the literati (wenrenhua) was severely attacked by many critics, among the most vocal of whom was the reformer Kang Youwei (1858-1927), who accused: a€?Four or five hundred years ago Chinese painting was the best. However, Qi did not sacrifice such traditional aesthetic values as excellence in brushwork, simplicity of form, and directness of expression; on the contrary, his work may be seen as advancing the art form in each of these aspects. Some of the most famous, including Xu Beihong (1895-1953), Liu Haisu (1896-1994), and Lin Fengmian (1900-1991), went to Europe to experience Western culture at first hand and to learn what they could about European art. Liu Haisu, renowned for being the first in China to employ nude models for life drawing in his art school, was enamored of the Impressionists and post-Impressionists. Realistic oil painting, primarily figural themes, gradually incorporating more and more elements of the Soviet Socialist Realist style, became the new orthodoxy in China.
Even after he is a firmly functioning member of the new culture, the orientations of his beginnings still influence him. When the field develops so that new data contradict these old beliefs, a basic conflict develops in the field of knowledge.
Art, parapsychology, ethics, and consciousness all play a part in comprehending these new realities.
Only a chameleon-like illustrator could successfully create in such an environment, so it is not surprising that much of the propaganda art of the period, in style as well as function, is closer to advertising in the West than it is to fine art. That the two worlds should come together in this age of instantaneous global communication should not surprise us, but one of the most curious, even ironic aspects of this cross-cultural exchange is the way in which contemporary Chinese and Western artists and audiences tend to view the othera€™s culture. No attempt was made to keep up with new developments in Western science and art; in fact, these were suppressed just as strenuously as traditional painting was being repressed.
While many European and American artists explored alternate views of reality, through investigations into Eastern spirituality and art, (assisted, in some cases, by mind-altering drugs), the mainland Chinese artists found themselves mired in Marxist dogma and bound to a tradition of painting that was trapped in a reality-warp. Artists working in mainland China today are, at least for the time being, more free to express themselves than they have been for many decades.
Perhaps they have not all attained the same level of technical prowess that painters of Imperial China would have developed through years of copying calligraphy and old master paintings, but neither are they burdened with the unenviable task of upholding Chinaa€™s artistic legacy and maintaining her outmoded cultural values. Western domination of technology and the world economy is a remnant of her colonial past, and economists, politicians, and businessman now increasingly look eastward for expanding economies and emerging markets. Cross-cultural artistic exchanges will be so commonplace and will occur so quickly, and stylistic influences will be so vast and complex that regional or even national characteristics will be difficult, if not impossible, to discern. As cultures co-mingle rather than collide the purity of each artistic tradition is free to be rediscovered. Andrews, Painters and Politics in the Peoplea€™s Republic of China, 1949-1979, Berkeley, Los Angeles, London, 1994, p. Laing, The Winking Owl: Art in the Peoplea€™s Republic of China, Berkeley and Los Angeles, 1988.
If you throw into the mix the occasional premature death of a spouse, then it becomes clear that a substantial portion of advisors’ married clients are likely to become single. Measuring SRI performance of a company from this perspective and analyzing how much value a company has created for its stakeholders: the community where it operates, customers, employees, NGOs, non-customers, regulators, suppliers, etc. The primary reason is that the legal and regulatory environment in several emerging markets (Ems) has not stayed in tune with the current times. Mainly because the companies fall across an entire spectrum of a few leaders, the big middle and sizeable laggards. This is because the ground realities in EMs are very different and investors many times need some exposure to this truth. The other half of the story is that domestic investors in each EM do not yet understand the connection between ESG and financial returns and hence do not value it.


As a result, this is starting to change the expectations from EM stocks and managements of at least a few progressive firms are starting to realize the value of ESG. Through Prince Paul, Johnson is a descendant of King George II, and through George's great-great-great grandfather King James I a descendant of all of the previous British royal houses.
His comic first novel Seventy-Two Virgins was published in 2004,[16] and his next book will be The New British Revolution, though he has put publication on hold until after the London Mayoral election.[17] He was nominated in 2004 for a British Academy Television Award, and has attracted several unofficial fan clubs and sites. In 2004 he was appointed to the front bench as Shadow Minister for the Arts in a small reshuffle resulting from the resignation of the Shadow Home Affairs Spokesman, Nick Hawkins. Because sedatives aren’t as necessary for the patient, the physiology and psychology associated with it has been measured with overwhelming positivity. It wasn’t until I sat to rewatch all of the Star Wars movies before going to see Force Awakens that I saw it. The Internet of Things (IoT) is ushering in a new world that will change the way we live, work, buy, travel, communicate and so much more and without cloud-based applications none of it would be possible.
The camera will come built with a specific lens, but because it has a C-mount available, it will thus be compatible with ridiculous range of other lenses.
Gasparello, who introduced me a few of her colleagues, including James Lally and Carol Conover. Chinese Painting began to solidify its position in the art market, and was listed as a separate expert department at Sotheby Parke Bernet beginning in 1979 (although internally Chinese Paintings was under the jurisdiction of the Chinese Works of Art Department).
Although neither sale was a financial triumpha€“the entire New York auction grossed just over $100,000a€“they paved the way for specialized sales of modern and contemporary Chinese paintings in both Hong Kong and New York and established the precedent for holding regular auctions in both locations. For the next decade auction became one of the primary sources of Chinese painting and calligraphy for private collectors, dealers, and institutions. Twentieth century painting, in particular, satisfied a demand on the part of new collectors for art that was both Chinese and modern. The success of Sothebya€™s Chinese Painting Department was linked, to a great extent, to the overwhelming dominance of our worldwide Chinese Works of Art Department led by James Lally in New York and Julian Thompson in London. The monumental six-panel work a€?Giant Lotusa€? had been purchased by Readera€™s Digest in 1963 from an exhibition of the artista€™s work held at Hirschl and Adler Gallery in New York. The album was of great importance, for both artistic and historical reasons, but since no work of this type had ever been offered at auction before, the presale estimate was a conservative $30,000-50,000.
The inclusion of the painting in the Imperial Collection of the Qianlong and Jiaqing Emperors, attested to by the six Imperial seals affixed to the painting and its appearance in the catalogue Shiqu baoji sanbian, added luster to its provenance. I had the good fortune to work directly with many capable and dedicated individuals, including Tammy Mui and Maria Chu in Hong Kong, and Angela Hsu and Laura Whitman in New York, all of whom began as administrators and became specialists in their own right. Based on the collectorsa€™ seals and colophons, the scroll displayed a magnificent provenance.
There was much presale discussion among scholars as to the authenticity of the paintings, four of which bear the signature of Ma Yuan.
Sellers, on the other hand, appreciate the ability to dispose of works in a discreet manner. He is most renowned (or notorious, depending on your point of view) for his participation in the Xia€™an Incident of 1936 whereby he captured Guomindang leader Chiang Kai-shek and forced him to negotiate with the Chinese Communist Party to create a united front to fight the Japanese. Although there were no collectorsa€™ seals on the paintings, my experience told me that such high quality works, beautifully mounted, must be from a serious collection. The auction of Fine Chinese Paintings from the Dingyuanzhai Collection was held in Taipei on Sunday, April 10, 1994. The ten images of the rock are interspersed with elaborate written descriptions composed and transcribed by the scholar-official Mi Wanzhong. Even as I revelled in a genuine sense of accomplishment, I was wary of the future of the department. They were generally more interested in the artista€™s name than in the quality of the work. Both Sothebya€™s and Christiea€™s had undergone a gradual but undeniable shift in emphasis from expertise to marketing. During the nineties, the New York auction rooms have been increasingly dominated by international dealers, such as Paul Moss, Harold Wong, and Kaikodo, representing themselves, institutions, and private clients all over the world. To blame every poor sales result on a€?the marketa€? shifts attention away from the real issues, which are the quality and quantity of the offerings. Ellsworth, Chinese paintings from the 19th and 20th centuries are prominently displayed alongside masterpieces from earlier periods.
They all progress along with the progress of science.a€?4 This emphasis on progress and the sincere belief that Western art (as the Chinese perceived it) was inherently more scientific and modern (and therefore more desirable) presented a serious challenge to advocates of literati painting and nearly signaled the end of the guohua tradition altogether.
The degree of Qi Baishia€™s success is indicated most clearly by the fact that his style forms the basis of much of the guohua produced during the past fifty years. There is great difficulty and struggle in recognizing, organizing, and solving the new problems presented by the conflict of the new data and the old beliefs and basic orientations.
While much of the booka€“which deals primarily with scientific theorya€“is likely to be incomprehensible to most specialists of art, its observations are relevant here for at least two important insights.
Not since the 1920s and 1930s, have young Chinese artists been able to explore such a broad range of stylistic and theoretical options and goals.
Guohua need no longer be seen as the only medium capable of expressing the cultural identity of China because it is now clearer than ever before that there is no single identity and no single tradition that represents all Chinese. Many aspects of popular culture have become globalized and most large companies have internationalized. Artists from all over the world will be able to express their individual perceptions of new global realities in a truly international, multicultural forum. Traditional Chinese painting can coexist with works in other media, as they exist today or as they will appear in the future, and it need not replace nor be replaced by any other art form.
Compare my naive and overly optimistic study Painting in the Peoplea€™s Republic of China: the Politics of Style, Boulder, 1980.
Everyone is wiser after a crisis, but it takes much more than hard work, local access and intelligence to highlight risks and opportunities on the horizon before they arise.
There is something called building trust, building relationships and in the end it is an exchange of value over a period of time.
Secondly, if it happens to be good in some emerging markets, its enforcement usually lags far behind.
If the investors can make a good business case for stronger governance practices, these companies could get the message and if they do, could make a lot of progress. In most EMs domestic investors have a much bigger share of the market but they do not understand SRI or ESG, hence SRI is growing slowly. In 1995 a recording of a telephone conversation was made public revealing a plot by a friend to physically assault a News of the World journalist. Doctors are hopeful they can incorporate this technology in other aspects of medicine like surgery.
It was in Star Wars, Episode IV (Remastered) that I almost came out of my seat, I couldn’t believe it - Jabba the Hutt looked like a CGI nightmare!
Plain and simple, if your device can communicate in any way to the Internet, the Internet will talk back. The following year I joined Paula Gasparello as a full time specialist in Chinese painting and we began to hold regular auctions of Chinese paintings and calligraphy.
Although the art market as a whole was not particularly strong in the early 1980s the Chinese department, fueled in part by a burgeoning Hong Kong economy, held its own.
Sothebya€™s early entry into the market in Asia, particularly Hong Kong, gave us a distinct advantage in cultivating new buyers and sourcing potential consignors of paintings as well as ceramics and works of art. The curators of the Readera€™s Digest collection had no knowledge or interest in Chinese art, even contemporary Chinese art, and they decided to sell the work at auction. After intense competition, primarily among overseas Chinese collectors, the album sold for $297,000, nearly ten times the presale estimate and easily a world auction record for Chinese calligraphy at the time.
The scroll had been consigned by a young Hong Kong collector and it was finally hammered down for $187,000 to a new North American collector bidding against stiff international competition. Additionally I received tremendous support from my colleagues in the international Chinese Works of Art Department and in Sothebya€™s regional offices, especially Rita Wong, Suzanne Tory, Meeseen Loong, Tony Omura, Timothy Sammons, Jonathan Bennett, David Priestley, and Patti Lam, all of whom were helpful in finding consignments as well as in assisting collectors and cultivating new buyers. Opinions ranged from a€?genuinea€? to a€?Southern Song, but not Ma Yuan,a€? to a€?Ming Academy work,a€? to a€?17th century copy,a€? but in the end the album was sold for $319,000 to a Chinese-American collector who believes it to be a genuine work of the Song master. In the case of famous works or well-established collections, however, the auction houses can also capitalize on the cachet and reputation associated with the individual work or collection. Chiang did give lip-service to the united front effort and flew back with Zhang to Nanjing where Chiang was given a heroa€™s welcome. The presale exhibition was extremely well attended and the salesroom was packed with serious collectors of Chinese art as well as dozens of unfamiliar faces and first-time buyers who were not really art collectors but were aware of the identity of the owner and hoped to come away with a piece of history.
Following the painting are lengthy colophons by Ming and Qing dynasty writers, including Dong Qichang.
I found it increasingly difficult to procure enough authentic paintings and calligraphy to satisfy their needs.
But to dwell on these philosophical differences would present a negative picture of what I saw as a very positive decision and a logical career progression.
Taiwan buyers are not as active as they once were but they are beginning to be replaced by a new generation of collectors in mainland China. Selectivity is the key to survival, for auction houses and dealers alike, because selectivity is the key to collecting. Not only were Chinese artists and intellectuals largely cut off from their own past, they were also isolated from artistic and scientific developments in the rest of the world.
In the struggle confusions arise, and there is a loss of communication among many of the students of the field of knowledge.
1936), and others, who discovered and pursued the underlying intellectual and spiritual connections between traditional Chinese painting and 20th century Western art, particularly abstract, non-objective painting. An accurate assessment of the visual arts in todaya€™s China would require investigation into an unprecedented variety of media including oil painting, acrylics, watercolor, gouache, sculpture, woodblock prints, ceramics, textiles, film, graphic design, and installation art in addition to the traditional forms of Chinese painting and calligraphy. Hong Kong and overseas Chinese have had to grapple with complex questions of identity on a daily basis. It is equally clear, however, that, in spite of all attempts to suppress it, traditional Chinese painting is both resilient and relevant. Young people the world over listen to the same music, eat the same hamburgers, and wear the same sneakers. Guohua will survive because of its unique and timeless artistic qualities: expressiveness of line, simplicity of form, and purity of spirit. In June 2010, Solaron published an article predicting many of the informational issues that led to the microfinance crisis in India later that year.
I think the framework of SRI as defined above captures that very nicely in the world of investments.
This is how we define SRI within our research framework at Solaron and this is how we measure it. Even if this were to be handled by some regulators well, several companies tend to not see this as a long term risk and do succeed in finding ways to ‘look good’ or ‘window dress’ as they say in accounting terms, while still retaining large amount of risky governance practices in the background. Most EM countries have had glorious civilizations in the past and have cultures that still value good manners and sound ethics in society. Since you mentioned India, just recently there, the Securities and Exchange Board of India (SEBI) passed a regulation requiring the 100 largest listed Indian companies to disclose their performance on a certain number of ESG criteria.
That’s what the cloud is offering - the ability to maintain business development awareness, customer engagement and real time market analytics.
Ma, Director of Chinese Paintings at Christiea€™s, is determined to maintain a market presence in New York, it would appear that a corporate decision has been made to eventually shift the sale of virtually all Chinese paintings, both classical and modern, to Hong Kong. I readily agreed to research and catalogue the sixteen paintings and one calligraphy, which included works by Wen Zhengming, Lu Zhi, Wang Wen, Wen Boren, Ju Jie, Lan Ying, Wang Duo, Wang Jian, Fa Ruozhen, Wang Hui, Wang Yuanqi, Gao Qipei, Huang Shen, Zheng Xie, Li Fangying, and Luo Ping. By early 1982 economic pressures led to a significant number of layoffs at Sotheby Parke Bernet. It allowed elderly collectors to dispose of works they no longer needed and families to discreetly disperse inherited private collections. The entire auction totaled nearly $800,000, well below the $1,200,000 presale low estimate for the 126 lots, but encouraging nonetheless because nearly 80% (by value) was sold and a number of pieces brought strong prices. Later, the Ming scholar Chen Jiru attached a colophon and the painter Cheng Zhengkui affixed his seal, and it then found its way into the hands of two of the premier collectors of the 17th and 18th centuries, Liang Qingbiao, and An Qi, who recorded it in his Moyuan huiguan.
Nestled amongst the leaves of the album was a short note written in French which indicated that the work had been purchased from a soldier who had fought in China, presumably during the Boxer Rebellion of 1900.
Paintings that have been exhibited in museums or have appeared in serious publications tend to be more marketable. Zhang Xuelianga€™s efforts to unify China against a common enemy, however, were rewarded with a swift court-martial and more than five decades of house arrest. Without commenting in detail about either of the works I said simply: a€?The owner of these paintings must have many good things. The sale was a tremendous success and Zhang Xueliang, along with his loving wife Edith, moved to Hawaii where they remain today as Zhang begins his second century on this earth. Wu Bina€™s name does not figure prominently in traditional Chinese accounts of painting history but he is highly regarded by Western scholars. There was now firm evidence that the right Chinese painting in the right economic environment could sell for more than a million dollars, but it had to be just the right painting offered at just the right time. Perhaps my own notions of quality were too high and my standards for judging authenticity were more strict than the current market necessitated, but I found myself rejecting many works that were later sold successfully elsewhere. Ma the autonomy to structure the sales in a way that is most beneficial to the company and to his clients. Guggenheim Museum is planning a major exhibition of 5,000 years of Chinese art which will include modern and contemporary works in a variety of media, and the Asia Society is organizing a show of contemporary art by Chinese artists living outside of China for the fall of 1998. Artists in Taiwan, Hong Kong, and abroad have of course had many more artistic options open to them and they have already made significant contributions to the field contemporary art.
However, it is interesting to observe that these individual Chinese artists of diverse backgrounds have found common ground in their choice of medium.
It is worth noting that most of the Chinese painters who worked in both Western and Chinese media demonstrated a distinct preference for the latter in their late years. In cyberspace, national borders do not exist and information is constantly exchanged across continents at lightning speed. This article (available here) also predicts that further crises will continue to appear unless there is a fundamental change in our Investment processes. A company is not just a bunch of financial transactions and how much value it captures from each transaction.
And I can say with a high level of comfort that assessments that we have done with this framework have shown the real picture of long term risk and return profile of a company.
And if you have a management like that, you can be sure that it leads to risks on the environment and social sides as well.
In the next few years, we’ll see an abundance of cloud based applications that will take data and make it transformative, funneling it into your sales engines, models and forecasts to feed the funnel. Paula Gasparello was one of the casualties and I was given responsibility for all sales of Chinese paintings in New York and Hong Kong. Sothebya€™s and Christiea€™s performed the traditional auction house role of providing a secondary market for dealers, museums, and collectors and, in the case of some contemporary works, occasionally played the unfamiliar role of developing a primary market through the introduction of new artists into the marketplace.
I was astounded to be asked by the curator whether the six large hanging scrolls, which are clearly meant to be hung together as a single work, could be sold separately.
The scroll subsequently entered the Qianlong Imperial collection and it is dutifully noted in the Shiqu Baoji xubian.
This album must have been looted from the Imperial Palace when the combined Western military forces were called in to quell an anti-Christian, anti-foreign Chinese peasant uprising. I would like to see them.a€? The intermediary left, saying that she would talk with the owner. Not surprisingly, this long handscroll was hotly contested by two dealers bidding on behalf of American private collectors, and it was finally sold for $1,210,000. The few buyers at the top were unpredictable, buying in what seemed to me to be a rather indiscriminate manner, often paying high prices for works of dubious merit while ignoring what I considered to be high quality examples. For whatever reasons, my competitor was extremely adept at finding works that suited the tastes and budget of the new clientele and Christiea€™s consistently won the battle of market share, which is a house-to-house comparison performed by auction house accountants, like a bizarre postmortem ritual wake, after every series of auctions.
The auction houses are large international corporations with tremendous costs and huge overhead.
An examination of the current state of guohua as a distinct type of Chinese art, however, is useful because the limited focus of the investigation brings heightened clarity to larger artistic issues. Their conscious decision to work with traditional brush and ink applied to absorbent paper, at a time when so many other options are available, indicates at the least a tenuous link to Chinaa€™s artistic past.
Modern communications and transportation have made all markets international, including the art market.
At a UN PRI webinar in August 2011, Solaron again predicted successfully that the situation in Middle East with the Arab spring was deteriorating rapidly than what was visible in International press. Even from the hard numbers world of accounting, a company is called a ‘going concern’ and therefore is a network of value exchanges with its stakeholders that happen today but also over a period of time. Many companies that appeared ‘good’ publicly turned out to be risky if they showed up as risky as per this framework.
Your next steps should be an evaluation of whether your business can leverage the Internet of Things, how to ensure your infrastructure is ready for a cloud led industry and finally how make sure it’s safe, reliable and disaster proof. This afforded me a unique opportunity to build up a new market but I was faced with the daunting challenge of trying to make sense out of a very complicated subject.
I was relieved to land the consignment and to receive permission to sell the painting as one lot! In spite of the impressive pedigree of the handscroll, two of the leading authorities on Chinese calligraphy in America initially expressed doubts about its authenticity, perhaps confusing it with a well known related work in a Japanese collection. As a result of the suppression of the Boxer Uprising, not only did the Qing government suffer the indignity of agreeing to pay a huge indemnity to the foreign powers, but a number of European, Japanese, and American soldiers helped themselves to what they considered to be war booty and souvenirs from the Forbidden City. Landing an important collection or estate creates an opportunity for promotion and also enhances the reputation of the department within the field and within the company.
Later that day, while Rita Wong, then head of the Taiwan office, was driving me home it occurred to me that the most logical source of the two paintings had to be Zhang Xueliang. The results of the June 1992 New York auctions of Chinese paintings, however, proclaimed Sothebya€™s the victor in market share, winning by a substantial 53% to 47% margin. As was the case during the first half of this century, the decision to paint guohua will be made for different reasons by different artists. Solaron highlighted a real risk of a regional war in the Middle East and outlined the grave consequences of this possibility. Companies that do this do not understand the long term implications of risky corporate governance and are there to make a short term success in the market, relatively speaking. We have found that in most EM countries where our analysts are based, while doing research, we have to ask for information from people in a very simple and easy to understand language, typically avoiding any ESG terms. At the time Chinese paintings were occasionally sold by Sothebya€™s London as well, where they were included as a postscript to Japanese print sales. The image of a€?Giant Lotusa€? appeared as a wrap-around cover for the June 1982 auction of Chinese Works of Art and Paintings and it attracted interest from across the globe, selling to a collector in Taiwan for $77,000, at the time a world-record auction price for a contemporary Chinese painting.
Fortunately two astute overseas Chinese collectors recognized the scrolla€™s importance and they bid it up to a final price of $77,000.
A significant number of paintings and large quantities of Imperial ceramics and other works of art must have found their way into Western collections during the early part of this century in this manner, although the casual note found in this album provides rare documentation of the phenomenon. In his youth, well before the Xia€™an Incident, Zhang had been known as a collector of Chinese art. On the other hand, the size of the operation can render the fundamentally simple process of selling individual works of art overly complicated and expensive.
For some, the impetus will be to continue to be part of an unbroken artistic tradition which they can trace back into antiquity, thus reaffirming their own cultural identities. Even today, there is something about using brush and ink, like eating food with chopsticks, that feels natural to a Chinese artist.
Engagement with such companies may not give the desired result, even though they may look receptive to it. The moment we are able to communicate with the backdrop of the ethos and culture of the local country where our analysts conduct research, we get a very good response. The new world of technology is coming your way and will shape many cloud-based applications, be selective of how you decide to leverage customer data and shape the way you do business to be smarter, more instinctual and agile. The Spelman paintings were significant in that they presented to the market a group of excellent works with generally reliable attributions. I was gradually able to wrestle control from the Japanese Department and for a time we experimented with selling Chinese paintings through the London Chinese Department. The sale of the painting received significant publicity in Taiwan and Hong Kong and it helped to bolster Sothebya€™s reputation in Asia for expertise in Chinese paintings. In a relatively small but extremely specialized market, like Chinese paintings, there may be other, more efficient ways to match buyer with seller.
For others, the choice of guohua may be primarily a reaction against the repressive artistic policies of the Communist regime, ostensibly denying their ties to the recent past.
Having said this, there is a certain percentage of companies in each EM that fall in this category.
However, to do this, we had to have local team members in each location where we do research from and this was not easy to build and is not easy to maintain. Beyond this, the task of making a business case in ‘local cultural contexts’ to domestic investors in each EM is a must. The market there never developed and to this day collecting interest for Chinese painting in Europe remains limited. In early publications on Chinese painting his name is often listed as the owner of specific works which had not yet resurfaced. For still others, the immediacy and sensitivity of the traditional medium and its unmatched ability to respond to the subtlest of touches, may be reason enough to adopt the art form, affirming the individuala€™s artistic identity, irrespective of his political viewpoint. We have been working on this for last 2 years, having made e-learning modules to communicate ESG in simple terms to domestic Investors in their own cultural contexts. However, perhaps because of this quirk in the market, Europe became for me a significant source of paintings for sale in both New York and Hong Kong.
Over the next few years I developed a peculiar relationship with Zhang Xueliang, through his intermediary, who initially did not acknowledge his identity but realized that I knew who the real owner of these works was.
This is very difficult to do remotely and that is why investors face difficulty in analyzing the governance risk in most emerging markets.
She began showing me paintings on his behalf, some for sale, some not, and she would relay back to Zhang my comments about the works. If not, we are witnessing the close of a short but intense chapter in Chinese painting history. We began selling the less important scrolls, which did not bear his collectora€™s seals, but gradually he consigned, always through a friend in the United States, major paintings by artists such as Shen Zhou and calligraphy by as importantt a writer as Zhao Mengfu.
If the major auction houses decide that it is no longer financially viable to continue to hold sales of Chinese paintings in New York, it will be up to a few committed and knowledgable dealers to try to pick up the slack.
RML shares market prices with farmers on their cell phones.  A social entrepreneur at heart, he left Reuters in 2007, to set up Solaron to spearhead sustainability research in India and other emerging markets.
How can those who paint just for fun in their spare time capture the true character of all things on earth.



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