For collectors with deep pockets, China is fast becoming the place to buy new art – Olivia Wu

From San Francisco Chronicle:

When a painting by the early 20th century Chinese artist Xu Beihong(徐悲鸿) fetched 33 million yuan ($4.1 million) at an auction earlier this summer, the news made the front page of the China Daily. It was the highest amount ever paid for a Chinese oil painting. The buyer was an unnamed local private collector.

Sotheby Holding’s auction of contemporary Asian in New York in March took in $13 million, setting sales records for many of the artists. The local media avidly reported the gobbling up of Chinese by Westerners, all of a sudden smitten by from China. [Full Text]



Google Ads 1


Giving Assistant

Amazon Smile

Google Ads 2

Life Without Walls

Life Without Walls

Click on the image to download Firefly for circumvention

Open popup

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.