From the AP, via Las Vegas Sun:
The Penguin Group has purchased the English-language rights to China’s best-selling novel, “The Wolf Totem,” for a record $100,000.
Jiang Rong’s 2004 Chinese-language novel about the struggle for life on the Mongolian grasslands will be published in English in 2007, An Boshun, Jiang’s agent with Changjiang Literary Art Press, told The Associated Press Monday.
“This is the biggest overseas book deal in mainland China,” An said.
Xinhua has reported that Penguin has agreed to pay US$1 million for the rights.
