Two 18th-century Chinese vases have sold for £260,000 or roughly $327,000 at an auction at Nesbits. They belonged to a “working class” vendor in his late 30s, who found them while clearing out his ...

Left, Li Keran’s “Mountains Covered in Autumn Leaves” (1964) (Courtesy NAMOC); Right, Edvard Munch’s “The Scream” (Courtesy Sotheby’s) Li’s work, epitomized by the elegant “Mountains in Red” (1964) ...

Chinese rural banks are unable to find buyers for hundreds of foreclosed properties they are auctioning despite offering steep discounts, deepening a real estate crisis and adding to risks for the ...