In China’s New Revolution, Art Greets Capitalism – David Barboza
From The New York Times:
After the peppered beef carpaccio and before the pan-fried sea bass there were raucous toasts and the clinking of wine glasses in the V.I.P. room of New Heights, a jazzy restaurant in this city’s most luxurious location, overlooking the Bund.
Wang Guangyi, one of China’s pioneering contemporary artists, was there. So were Zhang Xiaogang, Fang Lijun, Yue Minjun, Zeng Fanzhi and 20 other well-known Chinese artists and their guests, many of whom had been flown in from Beijing to celebrate the opening of a solo exhibition of new works by Zeng Hao, another rising star in China’s bubbly art scene.
…In 2006 Sotheby’s and Christie’s, the world’s biggest auction houses, sold $190 million worth of Asian contemporary art, most of it Chinese, in a series of record-breaking auctions in New York, London and Hong Kong. In 2004 the two houses combined sold $22 million in Asian contemporary art. [Full Text]
(One piece of Wang’s artworks)