Cai Guo-Qiang's fireworks extravaganza at the APEC meeting, Shanghai, 2001. Photo courtesy http://www.caiguoqiang.com/
According to Bloomberg.com, Hong Kong Christie's brought in $US 108.3 million on the first day of a five-day sale.
Cai Guo-Qiang's work, a set of dynamite drawings commissioned for APEC sold for HK$74.2 million.
Christie's recent sales show that Chinese art is hotter than Western art.
Of course, as an art audience we shouldn't be seduced by dizzying prices, but try and understand the value of art, and I don't just mean the market value.
Monday, November 26, 2007
Posted by Susan at 11:50 PM