West opens door, a crack, to rising Chinese art
China’s new clout on the global art market, and its taste for
home-grown works, is driving up the price of contemporary Chinese
artists — forcing the Western art world to make space at the table for
the rising stars.
Last year China became the world’s leading auction marketplace for
fine art, after overtaking France, Britain and finally the United States
in the space of five years, according to research by Artprice.
And China’s rise as an art hub is flipping the traditionally
Western-dominated market on its head as wealthy collectors snap up art
by their compatriots, fuelling a surge in prices for Chinese artists.
“Chinese collectors are basically looking at Chinese art,” explained
Barbara Pollack, author of a recent study entitled “The Wild Wild East:
an American art critic’s adventures in China.”
As a result five Chinese artists currently sit among the world’s top
10 as measured by combined sales at auction, overtaking giants like the
US pop artist Jeff Koons, ranked third, or Britain’s Damien Hirst,
ranked ninth by Artprice.
Taking a broader view, Chinese artists accounted last year for fully
45 of the world’s 100 top-selling art names.
Some of these are established figures, like Beijing-based Zeng
Fanzhi, best known for his “Masks” collection of paintings, who was the
world’s second best selling artist in the year to June 2011, just behind
Jean-Michel Basquiat.
The late Chinese master Chen Yifei is ranked fifth while the
gunpowder specialist Cai Guoqiang, who directed the special effects at
the 2008 Beijing Olympics ceremonies, takes 32nd spot.
Scanning down the list, however, many names are unfamiliar to the
Western eye, such as the painters Wang Yidong and Zhou Chunya neither of
whom enjoys major international renown ranked seven and 10.
“There are names which are totally fuelled by the Chinese market,
some of them traditional ink painters, who are almost unheard of in the
West,” explained Pollack.
Few of these Chinese artists have so far been invited to show at
Western art fairs, which remain weighted towards Europe and North
America despite growing participation from Asia, Africa and Latin
America.
“Some of these artists are outside of our tradition. Others have not
yet gotten the museum attention from Western institutions that they
clearly deserve, and that is hindering their acceptance in the West,”
Pollack explained.
Jennifer Flay, president of the FIAC contemporary art fair, one of
the top events in Europe’s art calendar which wrapped up Sunday in
Paris, said she was looking to expand the Chinese presence at the event.
AFP
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