The Wall Street Journal throws a little market background into its report on Liu Ye’s new show at Sperone Westwater:

His art remains highly coveted in Asia. In December 2010, “Baishi Knew Mondrian” sold at Beijing’s Poly International Auction for $4.4 million, very likely to a local buyer. The work depicts a much-revered modern Chinese master artist who worked in ink and died in the 1950s. Last October at Sotheby’s in Hong Kong, “Portrait of Qi Baishi” sold for US$1.8 million.

Art adviser Jehan Chu of Vermillion Art Collections in Hong Kong says Mr. Liu’s most sought-after paintings “are from the mid-to-late 1990s and feature nautical-themed cherubs posing against sweeping battleship or theater-themed backdrops.” In November at Christie’s Hong Kong, “Blue Sea,” with one of Mr. Liu’s trademark sailor boys, went for $1.8 million.

Beijing Artist Brings Vision of Birds and Bamboo to US (Wall Street Journal)