{"id":8264,"date":"2011-04-09T04:04:45","date_gmt":"2011-04-09T04:04:45","guid":{"rendered":""},"modified":"2011-04-09T04:04:17","modified_gmt":"2011-04-09T04:04:17","slug":"Chinese-Artist-Crosses-10-Million-Milestone-","status":"publish","type":"post","link":"https:\/\/asiancemagazine.com\/?p=8264","title":{"rendered":"Chinese Artist Crosses $10 Million Milestone"},"content":{"rendered":"

A major round of art auctions in Hong Kong reflected collectors’ returning confidence in Asian contemporary art, though shoppers balked at a few $10 million-plus price tags placed on lately trendy ceramic bowls and vases.<\/strong><\/p>\n

The sales last week also represented an emotional whipsaw for Chinese contemporary artists: On Sunday, Zhang Xiaogang became the world’s priciest living Chinese artist when one of his works sold for US$10.1 million, but his success was overshadowed by the arrest that same day of his peer Ai Weiwei. <\/p>\n

Mr. Ai, a sculptor and human-rights activist best known for designing the “Bird’s Nest” stadium for the Beijing Olympics, was arrested for alleged financial crimes. His whereabouts are still unknown; activist group Hong Kong Alliance in Support of Patriotic Democratic Movements in China plans to lead a protest march for Mr. Ai in Hong Kong this Sunday. <\/p>\n

None of Mr. Ai’s playful sculptures were scheduled to play a part in the Sotheby’s auctions, which began Saturday and ended Friday. Sotheby’s overall sales, which included wine, totaled $447 million, above its $340 million expectations.<\/strong><\/p>\n

SOURCE<\/a>
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