Another Classical Chinese painting done in the 20th Century has scored a huge price in a Beijing auction, according to Xinhua:

 An oil painting by contemporary artist Wu Guanzhong was sold late Saturday for 149.5 million yuan (about 23.6 million U.S. dollars) at an auction held by Beijing-based auction house A&F.

The painting, entitled “Ten Thousand Kilometers of the Yangtze River,” was created between 1973 and 1974 and is considered to be one of the artist’s best works.

Born in 1919 in the city of Yixing in east China’s Jiangsu province, Wu is widely recognized as the father of contemporary Chinese painting. He died in July 2010 at the age of 91.

Contemporary Chinese oil painting fetches $23.6 mln at auction (Xinhua)