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China’s Slump Casts a Pall on Dealers of Asian Art

BloombergBusiness (February 25

On March 10, the exhibition "Ancient Chinese Jade: From the Neolithic to the Han" will open at J.J. Lally & Co. on 57th Street to coincide with New York’s 2016 Asia Week. James Lally, the gallery’s owner, says he has already presold half of the 75 jade objects that make up the show. The pieces range from $5,000 to $500,000, but “the $500,000 pieces are the ones that went first,” he said.