The Hurun Report published yesterday in Beijing the 2008 Hurun Contemporary Art List, an overview of both artists and works of arts hitting the hot art market in China.
Although prices for Chinese contemporary art have been soaring, its proponents argue that it has plenty of upside potential. They compare prices for Chinese art with the reported GBP50 million achieved by Britain’s Damien Hirst for his work ‘The Love of God’ in 2007, or more realistically perhaps with prices in the millions regularly achieved at auction in London and New York by artists such as Jeff Koons or Martin Kippenberger. Its detractors might counter by pointing out that oil painting is not securely rooted in Chinese culture and will eventually give way to ink painting, while also pointing to the prices of contemporary art in more developed economies such as Korea and Japan, which have remained considerably less speculative.Rupert Hoogewerf is also a speaker at Chinabiz Speakers. Do drop us a line when you are interested in getting him as a speaker.
(h/t Shanghaieye)
No comments:
Post a Comment