【2011 Autumn Auction】Wu Guanzhong's Ten Thousand Kilometers of the Yangtze River fetches $23.6 mln at Beijing A&F
  Resource:xin hua   2011-11-21 12:01:13  

Ten Thousand Kilometers of the Yangtze River by Wu Guanzhong

An oil painting by contemporary artist Wu Guanzhong was sold late Saturday for 149.5 million yuan (about 23.6 million U.S. dollars) at an auction held by Beijing-based auction house A&F.

The painting, entitled "Ten Thousand Kilometers of the Yangtze River," was created between 1973 and 1974 and is considered to be one of the artist's best works.

Born in 1919 in the city of Yixing in east China's Jiangsu province, Wu is widely recognized as the father of contemporary Chinese painting. He died in July 2010 at the age of 91.

The high-profile deal, one of the latest amid the exponential growth of the Chinese fine art market in recent years, also marks the highest price to date for one of Wu's paintings.

Earlier this month, an album of 12 landscape paintings by famed contemporary painter Qi Baishi was sold by Beijing-based China Guardian Auctions Co., Ltd. for 194 million yuan.

corporate overhaul(www.artron.net)
Qi Baishi Paintings Among the Chinese Art and Decorations at Hong Kong Auctions New York June 12 Sale 2011-06-02
Qi Baishi is only just behind Picasso in art sales ranking 2011-05-26
Qi Baishi Painting Sells For $65 Million In Beijing: What Could It Mean For HK Spring Auctions? 2011-05-26
【China Spring Auction 2011】Exciting China Guardian Auction Night: Qi Baishi's Masterpiece Set a New World Record with 422.5 Million 2011-05-23
【China Spring Auction 2011】Hanhai's first spring auction day = 1.07 Billion RMB, Huang Binhong's painting was the highlight 2011-05-20
Master Chinese Painter Wu Guanzhong's Works Exhibited at Zhejiang Art Museum 2010-11-23
Liu Ye’s Qi Baishi Knows Mondrian 2010-11-09
Exhibition in Commemoration of Guo Xiuyi’s 100th Anniversary Birth 2010-10-25
Beijing sets up art trading center 2010-10-14
Chance to Find Master among Prized Works —— To Commemorate the Late Artist Wu Guanzhong 2010-09-02