Karen Mazurkewich: New art from China attracts big money

YueMinjun.jpg

From The Wall Street Journal:

The world’s latest discovery: Chinese artists who came of age in the 1980s. In a fit of speculation and discovery, Americans are starting to buy, show and sell contemporary Chinese — just as prices for the works are rising at auctions in Hong Kong and Beijing. New York’s Max Protetch Gallery, traditionally associated with big-name architects, has added four edgy Chinese artists to its roster. Sotheby’s in New York has a month-old contemporary Chinese art department, while Massachusetts Museum of Contemporary Art this summer is devoting a football-field-sized exhibit in North Adams, Mass., to works by conceptual artist Cai Guo-Qiang. (The centerpiece: colored lights pulsing from hundreds of transparent rods with nine white Fords suspended midair.)

From the Wall Street Journal (by subscription only): The major auction houses haven’t yet put contemporary Chinese art on the block in the U.S., but the works are selling well in Hong Kong and Beijing. Here is a look at some of the best-known contemporary Chinese artists: Gu Wenda, Wang Guangyi, Xu Bing, Yue Minjun, Zhang Huan, and Zhang Xiaogang.

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