Eagle Standing on a Pine Tree, a 1946 ink painting by Qi Baishi, was auctioned for US$65.4 million in May 2011. But doubting its authenticity, the bidder refused to pay.
Anna Healy Fenton
Opinion

Opinion

Wealth Blog by Anna Healy Fenton

China art auctions – a great money laundry

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Eagle Standing on a Pine Tree, a 1946 ink painting by Qi Baishi, was auctioned for US$65.4 million in May 2011. But doubting its authenticity, the bidder refused to pay.
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