Fake Cultural Development, Ai Weiwei’s company which handles his affairs, is being dissolved by the Chinese government. This may prevent him from having to pay the remaining balance of a 15m yuan (£1.5m) tax fine. The authorities stated that they were closing down the business because it had not met annual registration requirements. Ai represents that they could not do so because police had confiscated all its materials and its stamp when they detained him last year.
Read the full article via The Guardian