From Xinhua News Agency (link):
The auction of a portrait of Chairman Mao Zedong was cancelled on Friday after the owner said he might donate it to a Chinese museum.
The painting, owned by a Chinese American, was expected to fetch 1-1.2 million yuan (US$120,000-150,000) at the upcoming auction in Beijing.
But the plan led to intense online criticism when it was revealed a week ago, with many people saying the portrait was a national treasure and should not be sold.
