China to pay 2.7 milliom crowns for loan of Mucha's Slav Epic


China is to pay 2.7 million crowns to Prague City Hall for the planned loan of the Slav Epic, a series of paintings by Alphonse Mucha, the Czech News Agency reported on Saturday, citing the draft of a memorandum concerning the loan. The paintings are set to be displayed in Japan during the first quarter of next year and in China from mid-2017 until May 2018. According to the memorandum, the Chinese party should also finance the transfer of the paintings and the insurance costs. The Slav Epic will be on display in Prague until the end of the year. John Mucha, the grandson of the Art Nouveau painter, had previously said he was against the plan to exhibit the painting in China.