To Smuggle Antiquities Out of China, Traders Make Them Look Cheap

Every year, millions of dollars worth of ancient Chinese objects undergo a mysterious transformation. Jades, porcelain vases, and classical paintings depart the country with one set of export valuations declared to Chinese authorities. The antiques arrive in the U.S. worth at least twice as much on average based on declared import values.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.