In China’s New Revolution, Art Greets Capitalism – David Barboza

From The New York Times:
Wang's art work.jpg

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 , 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)

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