An HK$2.3 billion calligraphy scroll written by Mao Zedong, part of a haul stolen last month from the flat of a Hong Kong collector, was cut into two pieces after being resold for a few hundred ...

A portrait of China’s former leader, Mao Zedong, in Beijing. (Damir Sagolj/Reuters) China turned to stern rhetoric from a historic conflict with the U.S.—the Korean War—as it steeled itself ...