Tag Archives: taipei

China Lends Rare Art To Taiwan

First Time China Has Lent Rare Artifacts To Taiwan Since End Of Chinese Civil War In 1949

This exhibition will mark the first time Beijing has lent artifacts to Taipei

"Art Diplomacy" has the potential to increase cooperation between China and Taiwan

As ties between China and Taiwan have gradually become closer (particularly in the last year, following the election of Ma Ying-jeou), stories of cross-straits cooperation are becoming increasingly common. From China’s opening of direct flights to Taiwan to increased Taiwanese investment in the mainland (and vice versa) to today’s story about China sending 40 Qing Dynasty-era artifacts to Taipei’s National Palace Museum this October, cooperative gestures between Beijing and Taipei are something of a welcome sign.

Although simmering disputes remain between the two governments about thousands of artifacts taken to Taiwan as the Nationalist army made its retreat to the island in 1949 — which Beijing has sought to repatriate for decades — this exhibition is seen by many as a conciliatory step towards more direct talks on the future of the Chinese artifacts held in Taiwan’s National Palace Museum. As the BBC writes,

About 650,000 paintings, bronzes, porcelain and jade from Beijing’s imperial collection were packed into crates to escape the Japanese army in the 1930s.

Continue reading

Auction Houses Hoping For Record Season This Fall

Asian Auction Houses Looking Forward To Major Sales Of Chinese Contemporary Art, As More And More People Join Chinese Art Collectors

Top Chinese artists like Yue Minjun remain popular among Asian auctioneers and art collectors alike

Top Chinese artists like Yue Minjun remain popular among Asian auctioneers and art collectors alike

Earlier this summer, we profiled several major art auctions, which brought in millions more than expected, in both Hong Kong and Taipei. The success of the HK09 art festival and Ravenel’s 10th Anniversary Spring Auction gave the Chinese contemporary art market a vote of confidence in May and June, and this fall Ravenel hopes to continue its momentum while further cementing its reputation as one of Asia’s preeminent auction houses with two upcoming auctions, to be held in both Hong Kong and Taiwan.

Ravenel’s first autumn auction of 2009, set to take place on November 30 in Hong Kong at the Four Seasons ballroom, should attract a good deal of attention from local and overseas collectors — particularly as it will take place after many other western and Hong Kong auctions in October — but particular interest may be paid to the second autumn sale, which will take place on December 6 at Taipei’s Fubon National Conference Center. As Ravenel is celebrating its 10th anniversary with this sale, and Taiwanese art collectors are renowned for their enthusiasm and occasional aggressiveness, this sale might be a highlight of the season. This is not to say that the Hong Kong auction will be low-key. Trend-watchers will keep a close eye on the makeup of bidders in Hong Kong, and if the demographics follow what we saw in the spring and early summer, it looks like local Chinese buyers will maintain their spot as one of the world’s fastest-rising collector classes.

Clearly, momentum in the contemporary Chinese art market shows that the global financial crisis, while it has bruised nearly anything and everything that can be an investment, has not slowed the new buyers from entering the market. Although Chinese collectors have “joined the party” later than many of their western counterparts, they are more than making up for it now as they become far more prevalent at contemporary art auctions in Hong Kong and elsewhere.

Ravenel’s 10th Anniversary Spring Auction Of Asian Art Brings In $6.5 Million

Chinese Buyers Fill The Room At Taiwanese Auction House’s Spring Asian Art Sale

Chinese artist Wang Huaiqing's 'Flying Apsaras' brought in more than $1.3 million at this weekend's Ravenel auction in Taipei

Chinese artist Wang Huaiqing's 'Flying Apsaras' brought in more than $1.3 million at this weekend's Ravenel auction in Taipei

While the auction market has been somewhat sluggish this year — despite good showings in western markets over the last few months — the recent buzz building in Hong Kong, the mainland, and Taiwan recently is starting to get more attention. After last month’s hugely successful HK09 Festival in Hong Kong, where western and Asian artists were exhibited and sold briskly, there have been a rash of sales from home-grown auction houses like the mainland’s Poly and Guardian and Taiwan’s Ravenel, and the surprising sales at these auctions to mainland and Greater China collectors have stunned some onlookers, who had underestimated the motivation of these New Collectors. Going with this trend, Ravenel’s weekend sale of modern and contemporary Asian art in Taipei was both the company’s biggest sale to date and a huge success for Asian art auctions in general.

The sale, which all told brought in $6.5 million in sales, with the top lot going for $1.3 million, has positioned the 10-year-old Ravenel as one of the top Asian auction houses. With prices having become somewhat more affordable as a result of the global economic slowdown, we have seen Chinese and Asian art collectors step up to take their place among major global art buyers, and the buying demographic of the Taipei sale — which was predominantly populated by local and mainland collectors — goes to show that this emerging group of collectors will become increasingly influential in coming auctions, both in the region and globally.

Continue reading

Hong Kong Solidifies Its Place In The Global Art World

Runaway Success Of HK 09 Proves That The Chinese Dragon Has Woken Up To Contemporary Art

Contemporary Chinese artists Jian'an Shi's pieces were some of the highlights of the HK 09 Art Festival

Contemporary Chinese artist Jian'an Shi's pieces were some of the highlights of the HK 09 Art Festival

Joyce Lau writes today in the New York Times that the HK 09 International Art Festival, which took place over the weekend, illustrated better than most art fairs the vibrant arts culture that exists in Hong Kong. The fair, writes Lau, indicates what many Hong Kong watchers have always known, that the city is a magnet for the arts, luxury goods, business, media, and cuisine. With this unique mix of cultures both traditional and transitional, Hong Kong is vying to be the 21st century equivalent of Tokyo in the 1960s or New York or London before that.

For all attendees, the HK 09 Festival illustrated what Lau calls the city’s “quest to become a global hub for luxury goods.” With its proximity to the Mainland, and the increasing ease of travel for Mainland Chinese to Hong Kong (along with the perennial ease for their Hong Kong counterparts), the blending of Hong Kong’s kinetic cultural melting pot with the Mainland’s ever-changing spirit makes this region a must-see for anyone interested in Asia’s unique, exciting energy.

Continue reading