Off the wall

Article Abstract:

Taiwanese art collector Lin Ming-che is hoping to open a gallery to house his vast collection of contemporary Chinese oil paintings. Lin made his fortune in construction during Taiwan's building boom. Since then he has invested heavily in the collection of Chinese art, and has amassed roughly 2,000 paintings. He plans to acquire 10 times that amount, and says he is not motivated by money, but rather a love of Chinese culture. However, his contributions to Sotheby's Oct 1992 and Mar 1993 auctions in Taipei managed to net him a significant profit.

Cover Story, Behavior, Biography, Collections and collecting, Chinese art, Art, Chinese, Lin Ming-che

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Private grief

Article Abstract:

Taiwan is moving ahead with its plan to privatize 22 state-owned enterprises as part of its bid to become a GATT member. However, many problems continue to plague the country's divestmentprogram, as efforts to sell certain firms proved to be a failure on the part ofthe government. Investment observers believe that the Taiwanese government mustlearn to adopt the proper capital-market changes and political will in order todevelop a more workable privatization process.

Taiwan, Planning, Economic aspects, Privatization, Privatization (Business), Government ownership, Nationalization

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