Alex Blasdel in The Guardian:
Andrew Wylie, the world’s most renowned – and for a long time its most reviled – literary agent, is 76 years old. Over the past four decades, he has reshaped the business of publishing in profound and, some say, insalubrious ways. He has been a champion of highbrow books and unabashed commerce, making many great writers famous and many famous writers rich. In the process, he has helped to define the global literary canon. His critics argue that he has also hastened the demise of the literary culture he claims to defend. Wylie is largely untroubled by such criticisms. What preoccupies him, instead, are the deals to be made in China.
Wylie’s fervour for China began in 2008, when a bidding war broke out among Chinese publishers for the collected works of Jorge Luis Borges. Wylie, who represents the Argentine master’s estate, received a telephone call from a colleague informing him that the price had climbed above $100,000, a hitherto inconceivable sum for a foreign literary work in China. Not content to just sit back and watch the price tick up, Wylie decided he would try to dictate the value of other foreign works in the Chinese market. “I thought, ‘We need to roll out the tanks,’” Wylie gleefully recounted in his New York offices earlier this year. “We need a Tiananmen Square!”
More here.