I AM searching for a new art gallery in central Shanghai called Bund 66. Its name stakes a claim to the majestic 19th-century river-fronted Bund which is now home to glamorous shops, bars and restaurants. But its address is 66 Nanjing Road East, around the corner, once Shanghai’s most fashionable shopping street but now bland and dismal. Inside a 1930s art deco office building, a fifth-floor door has a small sign saying Bund 66. I push it open to reveal a large white space, a vase of lilies and a pretty girl behind a black desk. I am attracted by a spare, abstract work, a few hieroglyphic marks on a white canvas, and ask the price. It’s $3000.
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