Dissident and artist Ai Weiwei has been released on bail from the Chinese prison where he was held for two and a half months, reports the AP.
He was released based on his “good attitude in confessing” to tax evasion.
The incarceration should do wonders for Mr. Weiwei reputation as a political commentator, but mightn’t his release negatively impact his market value. Now that he’s free to work again? Kind of the opposite of the “death effect.”
And what does all this mean for the Chinese art bubble?