Ian Johnson in the New York Review of Books:
As Beijing prepared to host the 2008 Olympics, a small drama was unfolding in Hong Kong. Two years earlier, middlemen had come into possession of a batch of waterlogged manuscripts that had been unearthed by tomb robbers in south-central China. The documents had been smuggled to Hong Kong and were lying in a vault, waiting for a buyer.
Universities and museums around the Chinese world were interested but reluctant to buy. The documents were written on hundreds of strips of bamboo, about the size of chopsticks, that seemed to date from 2,500 years ago, a time of intense intellectual ferment that gave rise to China’s greatest schools of thought. But their authenticity was in doubt, as were the ethics of buying looted goods. Then, in July, an anonymous graduate of Tsinghua University stepped in, bought the soggy stack, and shipped it back to his alma mater in Beijing.
University administrators acted boldly. They appointed China’s most famous historian, seventy-five-year-old Li Xueqin, to head a team of experts to study the strips. On July 17, the researchers gingerly placed the slips in enamel basins filled with water, hoping to duplicate the environment that had allowed the fibrous material to survive so long.
The next day, disaster struck. Horrified team members noticed that the thin strips had already started developing black spots—fungus that within a day could eat a hole through the bamboo. Administrators convened a crisis meeting, and ordered the school’s top chemistry professors to save the slips.