Qi Baishi paintings fetch record US$141 million at auction
Set of ink wash landscapes from 1925 become most expensive Chinese artwork

A set of 12 landscape paintings by Qi Baishi, one of China’s best known artists, sold for 931.5 million yuan (US$141 million) at auction in Beijing on Sunday – setting a new record for a Chinese artwork.
Qi’s Twelve Landscape Screens, painted in 1925, started at 450 million yuan, with more than 60 bids placed in 20 minutes, Xinhua reported on Monday.
Zhao Xu, executive director of Poly Auction, told China News Service that the buyer was Chinese but did not give further details. He said almost all of those bidding at the auction ran art galleries in China.
Zhao added that he hoped the sale would bring more attention to the Chinese art market.
Qi gave the 12 landscapes to his friend and well-known Beijing doctor Chen Zilin as a gift, and they had been in the hands of a private collector since the 1980s.