Popularity Of Indian Art Among Indonesian Collectors At HK Auctions, Recent Shows In Beijing Indicate It Could Catch On In China
An interesting, if subdued, trend currently developing among Chinese art collectors is a more international focus and an interest in beefing up their collections of Chinese art with major global artists. At the recent Christie’s Spring Auctions in Hong Kong, we saw this with the sale of a Warhol “Mao” print, which sold well over the high estimate for HK$6.62 million (US$850,008), and the record-breaking sale of Picasso’s “Nude, Green Leaves and Bust” for $106.4 million to a Chinese buyer in May.
However, another aspect to this that is particularly interesting is that it’s not strictly limited to top historical Western artists like Warhol and Picasso. At recent auctions in Hong Kong and art exhibitions in Beijing, we’re seeing more pieces by artists from neighboring countries like India piquing the interest of Chinese collectors and art lovers…
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