The Taiwanese government putting together financing for a $400 million Guggenheim outpost on the island, has told the Guggenheim it can’t yet raise the money it had promised, and has asked for a six month extension of the deal. Thomas Krens said “he could not understand why the budgeting should be a snag. He wanted Taichung mayor Jason Hu to give him a timetable for the establishment of the Guggenheim museum in Taichung. No timetable is available, however. Hu is not certain if and when the Legislative Yuan would approve the special funding.”