Collectors spend some 87M Yuan at Shanghai art auction

World Today

Nearly 87 million Yuan or $14 million US dollars was spent at a Shanghai art auction. In previous auctions established artists from overseas enjoyed popularity, but this time it was young Chinese artists that attracted both attention and buyers. CCTV’s Wu Ying filed this report.

Art collectors spent nearly 87 million yuan at Shanghai auction

Art collectors spent nearly 87 million yuan at Shanghai auction

Nearly 87 million Yuan or $14 million US dollars was spent at a Shanghai art auction. In previous auctions established artists from overseas enjoyed popularity, but this time it was young Chinese artists that attracted both attention and buyers. CCTV's Wu Ying filed this report.