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China's Modern artists

1111-25_01_01

Every other Friday Artprice posts a theme-based auction ranking. This week we present the 10 best auction results for Chinese Modern artists over the first six months of 2011.

[11/25/2011] - Read more

Chinese Contemporary Art Market - Cultural revelation

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Speculation is showing no signs of slowing and auction sales are ever stronger, and prices ever higher. The price appreciation has been staggering for the generation of young Chinese artists and the number of investors continues to grow. It often takes only a few years for a Chinese artist to see a tenfold price increase, as with ZHANG Xiaogang or CAI Guoqiang to cite just a couple of examples. Symbolic of the price increases: the ten most successful auctions of contemporary Chinese art have been recorded over the past twelve months. In the end, in 2006, 31.3% of the Chinese contemporary artworks sold at auction achieved more than $100,000. Given such price levels, the proceeds on Chinese contemporary art sales increased by a factor of ten in 2006.

[06/01/2007] - Read more

Contemporary Chinese art: dwindling supply puts upward pressure on auction prices

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The major auctions of contemporary Chinese art traditionally take place in April and October and, for several years, Christie’s has outdone its main rival, Sotheby's, in this segment.

[04/07/2003] - Read more
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