Benjamin CarlsonApril 29, 2013 12:00

HONG KONG — Sometimes returning stolen loot can be more profitable than keeping it: French billionaire Francois-Henri Pinault announced Friday that he would donate to the Chinese government two $40 million bronze statues that were taken from Beijing's Summer Palace by Anglo-French troops during the Opium War of 1860.

'The Scream' by Edvard Munch to be auctioned in New York

Jessica PhelanFebruary 21, 2012 12:25

The world-famous painting is likely to be one of the most expensive artworks ever sold.

Michael GoldfarbDecember 14, 2011 06:59

Britain's arts world. Deja vu all over again.

JMW Turner masterpiece is leaving Britain and heading for LA's Getty Museum

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JMW Turner's Modern Rome - Campo Vaccino is a crowd pleaser, and the crowds it will be pleasing are going to be in LA at the Getty Museum. (MARK RALSTON/AFP/Getty Images)

British art treasures go to highest bidder as cash strapped government can't find money to keep them in Britain.

French billionaire returns disputed statues to China: a PR coup for the ages?

'The Scream' by Edvard Munch to be auctioned in New York

Britain's arts world. Deja vu all over again.