Walter Robinson remarks upon the number of record prices set by Poly International Auction Co. and Hosane Auction in Beijing and Shanghai respectively, they’re setting records for Classical and Contemporary artists:
From Poly International, we have new records for a range of classical artists, including Xu Beihong ($9.86 million, for Riding a Donkey in Spring), Xia Chang ($8.7 million, for Storm over the Xiang River), Xie Zhiliu ($6.7 million, for The Majestic Landscape of China), Zhou Chen ($5.58 million for Watching the Tide) and Du Jin ($2.7 million, for Romantic Garden) — to name only the first five.
From Hosane, which put newer fare on the block, there is Zhan Wang ($2.87 million, for Artificial Rock No. 116), Xiao Feng ($2.85 million, for Beautiful Scenery of Taihu), Zhou Chunya ($2.24 million, for Peach Blossom), Liu Wei ($1.84 million, for The Wasted Land), Wu Zuoren ($1.73 million, for Zinghai Park of Dalian), Luo Zhongli ($1.67 million, for Combing), Shao Fan ($1.26 million, for Breeze-ruffled Lotus at Quyuan Garden), Ding Yi ($1.26 million, for Appearance of Crosses), Sun Liang ($1.2 million, for Red Leopard) and Ye Yongqing ($1.15 million, for One of the Nine Birdcages in Winter).
Art Market Watch (Artnet.com)