Qi Baishi's art on display during a preview in Beijing
The Chinese contemporary art market accounted for one-third of global fine-art sales last year, according to analysis by Artprice, overtaking both the US and UK.
The French art information company also found that four Chinese artists ranked in the top 10 worldwide by auction revenue in 2010 Qi Baishi, Zhang Daqian, Xu Beihong and Fu Baoshi. Artprice’s definition of fine art comprises paintings, installations, sculptures, drawings, photography and prints.
No wonder then that Macquarie chose to include a panel discussion on investing in contemporary Chinese art during...
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