China bans auc­tion of looted cul­tural relics

China Daily (USA) - - NEWS CAPSULE -

China’s cul­tural relics watch­dog has es­tab­lished a reg­u­la­tion ban­ning the auc­tion of stolen, smug­gled and looted cul­tural relics na­tion­wide. The reg­u­la­tion was is­sued by the State Ad­min­is­tra­tion of Cul­tural Her­itage.

Other types of relics that are banned from be­ing auc­tioned are those that have been legally con­fis­cated by the govern­ment, and those be­long­ing to State relics shops, na­tional en­ter­prises, the mil­i­tary and pri­vate mu­se­ums.

The reg­u­la­tion also stip­u­lates that the State Ad­min­is­tra­tion of Cul­tural Her­itage re­tains pur­chas­ing pri­or­ity and the right to set prices for ar­ti­facts that do make it to le­gal auc­tion.

Many in­ter­net users have also ex­pressed con­cern, point­ing out that the reg­u­la­tion has no au­thor­ity in over­seas mar­kets, which is where most looted cul­tural relics end up. (Photo 5)


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