Rongbaozhai, a 300-year-old art dealership based in Beijing, raised nearly 323 million yuan for its spring auction in Shanghai, following its successful debut auction in the city last autumn with a total amount of 810 million yuan.
This Xu Beihong ink painting sold for 23 million yuan (US$3.68 million)
Ink-wash painting fetches $3 mln at auction (China Daily)
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