In the
study, published by the National Bureau of Economic Research, they write: «China's emergence as a great economic power has induced an
epochal shift in patterns of world trade.
The exhibition is kicked off in high style with a choice 1907 Picasso
study for his
epochal «Demoiselles D'Avignon»; Matisse's 1916
study for the «Portrait of Sarah Stein,» the finished painting of which is also in the collection; Amedeo Modigliani's 1913 «Blue Caryatid,» a figure
study characteristic of the artist's archaicizing tendencies; a 1978 drawing of adolescent eroticism by Balthus; and a 1925 nude by Matisse of a mature woman luxuriantly spread out on a chaise for his personal delectation.