Tag Archives: contemporary art

Artprice: Zeng Fanzhi Is China’s New “#1 Artist”

Auction Sales From July 1, 2008 To June 30, 2009 Send Zeng To The Top Of The List, As Chinese Artists Make Up 16 Of The Top 50 In The World

Zeng Fanzhi is one of China's most interesting and top-grossing contemporary artists of the last 30 years

Zeng Fanzhi is one of the most interesting and top-grossing contemporary Chinese artists of the last 30 years

Artxun (Chinese) reports this week that Zeng Fanzhi — one of China’s top contemporary artists — has gained the title of “Number One” Chinese artist in terms of auction prices over the last year, leapfrogging longtime title-holder Zhang Xiaogang. While some of this may be down to the slower pace with which Zhang is producing new works, Zeng’s growing popularity within China and, ostensibly, among New Chinese Collectors, could have something to do with it. Zeng, who sprang to prominence in the 1990s mostly through his “Mask” series but has since begun experimenting with more abstract pieces, recently sold 5 of 6 pieces up for grabs at Sotheby’s autumn auction of contemporary Asian art in Hong Kong well above high estimates, indicating that his popularity among the primarily Mainland Chinese bidders remains strong.

The Artxun piece, rather than focusing only on Zeng’s auction prices, does an excellent job of looking into the artist himself and some of the personal projects he has undertaken, including the “Zeng Fanzhi Art Scholarship,” which awarded 10,000 yuan to a disabled university applicant in July of this year. From the article (translation by CLCB staff):

Compared to last year’s [Artprice] list, Chinese artists comprised 16 of the top 50 artists in the world, down from 18 the year before. Among Chinese artists, Zeng Fanzhi was the highest selling, surpassing Zhang Xiaogang by 1,010,000 yuan, becoming China’s most “expensive” artist of 2009. Zhang Xiaogang slipped from the top five this year down to #7. Chinese artists who made the top 50 list last year, namely Yin Chaoyang, Liu Wei, Fan Dehai, and Guo Hai weren’t strong enough to make the list this year, although Yan Peiming is expected to enter the top 50. Another interesting thing to look at is Chengdu’s growing power — aside from Zhang Xiaogang, Chengdu-based contemporary artist Zhou Chunya was ranked 17th in the world and #11 in China in 2008, and in 2009 rose 3 places in the world ranking to #14 while rising 6 places in China to #5 there. Another Chengdu artist, Luo Zhongli, ranked #38.

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Exhibition Of Young Contemporary Chinese Artists Heads To Kansas City

“Looking East” Exhibition Showcases China’s Up-And-Coming Artists, Reflecting The Generational Difference Between Young Artists And ’90s Superstars

Guo Wei's art reflects the rebelliousness and angst of China's so-called "post-80s Generation" (Image: Kansas City Star)

Guo Wei's art reflects the rebelliousness and angst of China's so-called "post-80s Generation" (Image: Kansas City Star)

With regular news about China’s most famous artists selling works for hundreds of thousands of dollars, and in some cases well over a million dollars, over the past five years, it can be easy to forget that China’s art world is in a constant state of flux, with thousands of young artists coming out of art schools and vying for attention. Although artists like Yue Minjun and Zhang Xiaogang have quickly become major global art stars, China’s younger artists are little known outside of their home country (and, more often than not, are unknown there as well), so the news that Kansas City is mounting a relatively large-scale and far-ranging exhibition of works by young Chinese artists must give some of these art greenhorns some hope for their future prospects.

The “Looking East” group exhibition, held at the Byron C. Cohen Gallery for Contemporary Art, follows previous solo shows of Chinese artists Hong Chun Zhang, Chong Siew Ying and Deng Wushu at the gallery, and offers viewers a glimpse at many of China’s burgeoning young talents. From the Kansas City Star:

Three prints by Yang Qian seem shallow and self-indulgent compared with [Sheng Qi’s politically-motivatd] oils. Yang wields tremendous skill to produce voyeuristic fantasies of spying on beautiful women through moist windowpanes or in foggy mirrors.

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New Exhibitions In China Present Country’s Top Contemporary Artists To A Domestic Audience

Interest Of New Collectors, Government Support Growing As More Museums Mount Large-Scale Exhibitions Of Work By Top Artists

Wang Guangyi's work seems to be (finally) accepted and promoted by the Chinese government's cultural elites

Wang Guangyi's work seems to be (finally) accepted and promoted by the Chinese government's cultural elites

 Recently, we translated a speech presented at the first-ever conference of Chinese collectors of contemporary Chinese art delivered in Beijing by influential art critic Li Xianting. In this speech, Li called on Chinese collectors to get busy buying, preserving and presenting top-quality works of contemporary Chinese art in order to ensure younger generations in the country will be able to view and understand their artistic heritage. Li called art collecting “a form of cultural creation,” the responsibility for which lies in the hands of the country’s new generation of art collectors. From Li’s speech:

We can’t expect the government to establish, from top to bottom, an art museum system in such a short amount of time, not least because the construction of the “hardware” is so difficult, but what’s harder is [assembling] the artwork itself, because up until now the collection in the government’s museum of contemporary art has been really poor, and not only because in the past three decades the important works of Chinese contemporary art have flowed overseas. Can the government spend the money to collect contemporary art? Aside from lack of funds, the hardest thing is that within a considerable amount of time, could the government possibly recognize the value of a contemporary art value system? 

Whether by coincidence or by design, a news item in China’s Global Times today announced a spate of high-profile museum exhibitions of two of China’s top contemporary artists, Zhang Xiaogang and Wang Guangyi. Although as recently as last month Li Xianting decried the Chinese government’s slow movement on arts education and investment in cultural capital, these two exhibitions seem to indicate that development is beginning in earnest. From the article:

While the recent inclusion of a selection of contemporary Chinese artworks in exhibitions held at state-run museums across the country has been considered by many as a sign that Chinese contemporary art has been officially embraced by the government, others in the art world are calling for more to be done to recognize the genre.

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WSJ: Only China Can Save Luxury Sales

Spending On Everything From Luxury Cars To Private Jets Shows Ultrarich Chinese Are Unleashing Their Inner Conspicuous Consumer

The exclusive club of "ultra-rich" in China are splurging amid the ongoing global economic doldrums

The exclusive club of "ultra-rich" in China are splurging amid the ongoing global economic doldrums

An interesting blog post today at the Wall Street Journal, where Robert Frank points out that the global economic downturn has turned a new spotlight onto a once-unlikely savior — the Chinese [ultrarich] consumer. While this group is exclusive to say the least, particularly in terms of the miniscule percentage of the Chinese population that can live up to this title, the staggering dropoff of the once mighty American, Japanese and even Russian luxury showoff has pushed the Chinese super-spender into the leading role.

Though Frank’s potential nicknames for this ultrarich group of big spenders — “Deng Xiaoblings,” for one — are a humorous take on the subject, the repercussions of an Eastward shift of conspicuous consumption and luxury shopping sprees could mean a great deal for established western luxury brands. Just as the increased buying power — and desire for diversification — seen among Chinese buyers of everything from gold to real estate to luxury cars to Chinese antiquities and contemporary arts has affected those markets and caused everyone from Bugatti to Sotheby’s to focus far more strongly on the China market than ever before, this China-bound luxury shift could very well change the nature and corporate strategies of the global luxury industry.

From the WSJ:

Purveyors of posh have a new mandate: Go East!

An updated forecast from Bain & Co. out this morning shows a stronger-than-expected rise in luxury sales for Asia–especially China. It said it expects luxury-goods sales in mainland China to jump 12% this year.

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“Experience China In Israel” Event Opens In Tel Aviv

Event Follows Other Recent Cultural Events And Partnerships In Germany And Belgium, And Upcoming Events In The United States

01617988Following China’s National Day celebrations earlier this month, a wave of cultural events have taken place — or are slated to take place — around the world. From China’s position as guest of honor at the Frankfurt Book Fair to the many included works of Chinese contemporary art at the Europalia-China art festival in Brussels (co-curated by premier Chinese artist Ai Weiwei), the last few weeks have given Western audiences a good opportunity to get up close and personal with several aspects of contemporary Chinese artistic culture.

This week, Chinese culture heads to the Middle East, where the “Experience China in Israel” cultural exchange event kicked off this weekend at the Tel Aviv Opera House. The event will feature performances, film screenings and photo exhibitions, and follows similar “Experience” events held in the past in Russia, South Korea, Germany and the U.S. From Xinhua:

The event, jointly held by the State Council Information Office of China and Israeli Foreign Ministry, is dedicated to the 60th anniversary of the founding of the People’s Republic of China and the 17th anniversary of the establishment of diplomatic relations between the two countries.

Composed of a series of activities including performances, photo exhibitions, a film week and a symposium on China, Israel and the world economy, the event, which began earlier this week and will conclude at the end of this month, is expected to allow the Israelis to see Chinese culture and China’s development and achievements over the past 60 years and promote Sino-Israeli friendship.

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Chinese Art Critic Li Xianting: Collecting Chinese Contemporary Art Is A Kind Of “Cultural Creation”

“Godfather Of Chinese Contemporary Art” Advocates Collections Develop To Ensure Art Can Be Seen In China

"The Godfather of Chinese contemporary art," Li Xianting (Photo: ArtZine China)

"The Godfather of Chinese contemporary art," Li Xianting (Photo: ArtZine China)

At recent events like the Global Collecting Forum and the Songzhuang Art Festival’s Conference of Collectors of Chinese Contemporary Art, a major topic of discussion among Chinese scholars and art critics has been the need for Chinese collectors of contemporary art (and Chinese museums and galleries) to acquire more top-quality pieces while educating the public on the history, subject matter, figures and current state of Chinese contemporary art.

At the Songzhuang Festival, Chinese art critic Li Xianting — who has been called the “Godfather of Chinese Contemporary Art” — gave a speech in which he said collecting Chinese contemporary art is a form of “cultural creation” which requires the urgent attention of Chinese collectors. Since the breakout of Chinese contemporary art in the late 1970s and its development over the years, the majority of major works of art have been acquired by Western collectors, and although that is changing gradually as Chinese buyers amass their own collections, Li still sees disequilibrium in the global marketplace. By building collections of Chinese contemporary art now, and continuing to patronize Chinese artists in the same way the Medici family did in Renaissance-era Italy, Li feels that Chinese art can reach the Chinese people themselves by building a new form of aesthetic education while stemming the flow of artwork out of the country.

Artxun (Chinese) posted the entirety of Li’s speech today. Translation of excerpts by ChinaLuxCultureBiz team:

Collection is a kind of cultural creation, and in collecting contemporary art one must face value standards, but value standards in a progressing era are of a very uncertain ideological form, and collectors — through their behavior — have to confirm whether they’re actually qualified to become the builders of value standards in the era in which we live. Every major collector who made an important contribution to art history, such as the Renaissance-era Medici family or the Guggenheims, Ludwig II…the famous American and Italian Guggenheim museums, and Germany’s Ludwig Museum — named after these collectors — because of these people and places collecting artwork, some of these works of art have become critical elements of art history.

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Global Collecting Forum Held In Beijing

Forum Provides Opportunity For Western, Chinese Collectors, Curators And Artists Come Together To Discuss Future Of Art Collecting In China

Western and Chinese experts discussed a wide range of important issues in art collecting at the Global Collecting Forum in Beijing (Photo: CRI)

Western and Chinese experts discussed a wide range of important issues in art collecting at the Global Collecting Forum in Beijing (Photo: CRI)

Although the last few years have seen the rapid rise of the New Chinese Collector of contemporary Chinese art, the relatively late arrival of Chinese collectors means that the vast majority of major works of contemporary Chinese art remain in the collections of Western art collectors (such as the former Swiss diplomat-turned-prolific collector Uli Sigg, who owns around 2,000 pieces) or Western art museums and galleries. Although buying trends are changing, as more Chinese collectors and curators start to bolster their collections and diversify the artwork they acquire, one of the unique challenges that art lovers in China must face is the dearth of contemporary Chinese artwork available for view in their local museums and galleries.

With these issues — the underdevelopment of Chinese art museums and the growing interest in private art collection in China — in mind, this weekend the Global Collecting Forum was held at Beijing’s Reignwood Theater. The forum brought together a number of prominent Western and Chinese art collectors, museum curators, gallery owners and artists, whose work was shown at an exhibition which included pieces by prominent Chinese artists like Cai Guoqiang, Xu Bing, Liu Xiaodong and Wang Guangyi. According to Cultural China:

[Chinese writer-filmmaker Sun Shuyun], who was a guest at last year’s ISD forum, has met some of the world’s best-known art collectors and museum directors there. But she was somehow left with the impression that many of these “leaders of art collecting actually knew very little about Chinese art.”

The situation is expected to improve as this year’s forum brings over 30 leading art experts from Europe, the United States and Russia to meet with their Asian counterparts in the Chinese capital. Those set to show up include Baroness Kennedy QC, a trustee of the British Museum; Alexandra Monroe, senior curator at the Guggenheim Museum; and Derek Gillman, director of the US-based Barnes Foundation, a top collector of Post-Impressionist paintings.

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