China Accounts for 24 percent of the 66 Billion Global Art Market

By Katya Kazakina Mar 12, 2014 5:42 PM ET

Global art sales approached their pre-crisis high last year, led by record prices for postwar artists and a jump in U.S. auctions. Sales of art and antiques increased 8 percent from a year earlier to 47.4 billion euros ($65.9 billion), according to a report compiled by Arts Economics and published today by the European Fine Art Foundation in Maastricht, Netherlands. The results fell just short of the record 48 billion euros in 2007. China accounted for 24 percent of the market. (Read more)

Chinese Ink Makes a Big Splash

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Contemporary artists are breathing new life into an old art form

By Georgina Adam. From Art Basel Hong Kong daily edition
Published online: 25 May 2013

Interest in contemporary Chinese ink painting, the age-old tradition that is currently undergoing a renaissance, has never been greater—and not just in China. Traditional ink painting is one of the oldest forms of Chinese art and commands huge respect, as well as high prices. Today’s painters are using the medium to produce art that links back to this long tradition..(Read more)

Guggenheim Announces Major Initiative to Advance Contemporary Chinese Art

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New York, NY, Richard Armstrong, Director of the Solomon R. Guggenheim Museum and Foundation, and Ted Lipman, Chief Executive Officer of The Robert H. N. Ho Family Foundation, announced the inauguration of an initiative to advance the achievements of and expand the discourse on contemporary Chinese art. Made possible by a major grant to the Guggenheim from The Robert H. N. Ho Family Foundation, which focuses much of its philanthropy on Chinese and Buddhist visual art and culture, the new program will allow for the commissioning of artworks by artists who were born in mainland China, Taiwan, Hong Kong, or Macao.

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Beili Liu Showing in "High Fiber" at National Museum of Women in the Arts

Washington, DC — The third installment in the National Museum of Women in the Arts’ (NMWA) Women to Watch exhibition series examines innovative approaches to a traditional medium: fiber. High Fiber—Women to Watch 2012 features work by seven emerging artists from the U.S., the U.K. and France. The exhibition is on view November 2, 2012–January 6, 2013.

ASIAN ART PIERS Hosts Gallery Talk for Sotheby's Institute of Art

Asian Art Piers hosts gallery talk for Sotheby's Institute of Art

Asian Art Piers hosts gallery talk for Sotheby's Institute of Art

On July 26th, Asian Art Piers hosted a gallery talk for the Sotheby's Institute of Art postgraduate program. The talk session covered a vast array of topics including the style/market trends of contemporary Chinese art, the changes in collector sentiment, and the unique characteristics of running a contemporary Chinese art gallery in the Chelsea art district. The Sotheby's post-grad students were introduced to "Fables & Theatreality", the exhibition series showcasing award-winning artists Zheng Hongxiang and Mu Lei. With continued interest from academia, Asian Art Piers continues its gallery talk series to enrich the intellectual dialogue on today's contemporary Chinese art.

JING DAILY Exclusive Interview: Young Chinese Artist, Mu Lei

Mu Lei's Ambush, currently showing at Asian Art Piers

Mu Lei's Ambush, currently showing at Asian Art Piers

Recently, Jing Daily spoke with the young, Beijing-based painter Mu Lei (穆磊), whose works have steadily gained notoriety in China and elsewhere for their blend of dark, almost gothic sense of femininity and ’80s-influenced surrealism — what one critic called “the unlikely crossroads where Black Swan meets Galaga.” Last year, along with a group of other young Asian artists, Mu was invited to take part in the 54th Venice Biennale, and more recently, an exhibition of Mu Lei’s work was launched at New York’s Asian Art Piers. (Read more)