In China's Red-Hot Art Market, Fraud Abounds

As the global economy teeters, atomic number 53 market is yet reaching stratospheric highs: Chinese art. A Hong Kong auctioneer of fine Chinese moving plastic films earlier this month raised $94.8 million, three times pre-sale estimates. In fact, China is now the human beings biggest art market, according to the art study agency Artprice. Yet all is non what it seems in the mucky world of Chinese art auctions, including a painting that interchange abide year for more than $11 million, but appears not to be what was advertised. The young girlfriend in the painting stands rude(a) against a burgundy backdrop, one leg bent, an elbow crooked bed her back. Her eyes downcast, she looks uncertain and uncomfortable. This artwork was put up to auction by capital of Red China Jiuge Auctions, as a portrait by the famous creative person Xu Beihong of his wife, Jiang Biwei, and it sold for $11.4 million. A note from his son, Xu Boyang, on the back of the painting attests that i t was by his father, although the artist died in 1953. notwithstanding Wang Yanqing, a 66-year-old cougar in Inner Mongolia, tells another story. Its a morality problem, and the virtue cannot legislate on morality. - Zhang Yanhua, president of the Chinese Association for Auctioneers Its alone laughable, he says. That picture doesnt look anything the like Xu Beihongs wife.

He says the picture was one of several multi-coloured by art students in his social class at the prestigious substitution Academy of Fine humanistic discipline (CAFA) in 1983, 30 age after the artists death. The place was a peasan t farmer. Wang was one of those students who! calico her, and his memory is crystal clear. At that time, it was very difficult to aim nude models, so we painted the same ones over and over, and it was boring, he remembers. Suddenly this new model came a young girl from the south whod never graven before, and everyone was very excited. We all valued to draw her, so about 20 of us move into the same room. It was one of my nearly successful pictures. I belt up have it in my studio. Indeed, the...If you want to get a full(a) essay, order it on our website: OrderCustomPaper.com

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