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
Chinese Art is Hot Now, Very Hot
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2 comments:
It may be hot, yes Money-Hot, over heated greedy HOT!!!
Okay, someone bought something with a few billion dollars, but so what?
I thought you are an art critic not a greedy art-broker or Red coloured advertisement agent,who are you?????
THE VALUE OF THE ART HAS NOTHING TO DO WITH MONEY VALUE!!!
In fact, greedy red chinese are making up those phenomenon just like other things which are happenning in around world economy right now......Look at everything is getting high price because of, they say, CHINESE Supply and demand.
But not only that though, for example,
George Bush, Israel and so-called Arabic Terrorists are also succeeded to make OIL price very high! So they are HOT now, VERY HOT!!
WHAT A CRAZY WORLD!
Yes, I agree!!
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