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

As the global economy teeters, unity market is all the same reaching stratospheric highs: Chinese art. A Hong Kong auctioneer of fine Chinese setting shows earlier this month raised $94.8 million, three times pre-sale estimates. In fact, China is now the beingnesss biggest art market, according to the art instruction agency Artprice. Yet all is non what it seems in the mucky world of Chinese art auctions, including a painting that interchange death 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 jump and uncomfortable. This artwork was put up to auction by capital of Red China Jiuge Auctions, as a portrait by the famous workman 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 it was by his fath er, although the artist died in 1953. notwithstanding Wang Yanqing, a 66-year-old lynx in Inner Mongolia, tells another story. Its a morality problem, and the justness cannot legislate on morality. - Zhang Yanhua, president of the Chinese Association for Auctioneers Its tout ensemble 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 discriminate at the prestigious substitution Academy of Fine humanistic discipline (CAFA) in 1983, 30 age after the artists death. The regulate was a peasant farm er. Wang was one of those students who part! icoloured 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 model before, and everyone was very excited. We all valued to draw her, so well-nigh 20 of us move into the same room. It was one of my virtually 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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