Zhang Xiaogang’s Chapter of a New Century - Birth of the People’s Republic of China, which sold for $3,065,000, a record for the artist. © Sotheby's Images

NEW YORK.- Today Sotheby’s fourth sale of Contemporary Art Asia: China Korea Japan in New York far exceeded expectations, commanding $38,448,575, almost $10 million over its high estimate and a record sale for the category of Contemporary Asian Art (est. $19.2/27.9 million). The record for a work by Zhang Xiaogang was broken twice today: the top lot of the sale was one of his earlier works from 1992, Chapter of a New Century - Birth of the People’s Republic of China, which sold for $3,065,000, over its high estimate, to an Anonymous buyer, after competition among at least five bidders (lot 11, est. $1.5/2.5 million). The record was briefly held by Zhang Xiaogang’s enigmatic Bloodline Series, Bloodline Series: Comrade, 1995, which commanded $2,505,000, four times its high estimate, also selling to an Anonymous buyer (lot 10, est. $400/600,000). Records were also set for works by Fang Lijun, Liu Ye, Cai Guo-Qiang, Liu Dan, Ai Weiwei and Su Xinping, among others. Lire la suite http://www.artdaily.org/section/news/index.asp?int_sec=2&int_new=21775