MoMA Asia Art Archive collaborate, launch Chinese art projects with public programmes

CONTEMPORARY CHINESE ART PUBLICATION

Asia Art Archive (AAA) and The Museum of Modern Art (MoMA) celebrate the completion of two documentary projects that are essential to a deeper understanding of the history of contemporary Chinese art: AAA’s Materials of the Future: Documenting Contemporary Chinese Art from 1980-1990 and MoMA’s publication of Contemporary Chinese Art: Primary Documents. These milestone projects focus on the dramatic development and growth of Chinese contemporary art over the last three decades by documenting, collecting and translating critical discussions, primary materials and key texts.

Left: AAA's archiving project, 'Materials of the Future: Documenting Contemporary Chinese Art from 1980-1990'. Right: MoMA's publication, 'Contemporary Chinese Art: Primary Documents'. Image courtesy of AAA and MoMA.

From the press release:

Materials of the Future: Documenting Contemporary Chinese Art from 1980-1990

The 1980s was a seminal period in China’s recent art history. During this time, many of China’s most celebrated artists attended art academies, held their first exhibitions, and developed the intellectual foundation for the art practices that have contributed to their present success. In order to foster research into this transformative moment in Chinese history, AAA has undertaken a four year focused archiving project; collecting, indexing and preserving rare documentary and primary source materials.

AAA’s largest and most systematically organised archive of documentary material on the period will be freely accessible and open to the public from AAA’s physical premises. It will also be available through a dedicated web portal www.china1980s.org starting this month.

Contemporary Chinese Art: Primary Documents

Despite the liveliness and creativity of avant-garde Chinese art in the post-Mao era and its prominence in the world of international contemporary art, a systematic introduction to this important work in any Western language is still lacking… Arranged in chronological order, the texts guide readers through the development of avant-garde Chinese art from 1976 until 2006.

It is edited by Wu Hung, Director of the Center for the Art of East Asia and Consulting Curator at the Smart Museum of Art at the University of Chicago. The book will be available at MoMA Stores and online at http://www.MoMAStore.org starting this month.

Public Programme

The co-launch will be accompanied by a series of discussion forums with artists, curators and scholars:

PAST Hong Kong, 7 September, 6.30 pm, Hong Kong Arts Centre

Speakers include: Chen Tong (Artist), Doryun Chong (Associate Curator of Painting & Sculpture at MoMA), Jane DeBevoise (Chair of Board of Directors of AAA), Wang Aihe (Associate Professor, School of Chinese, The University of Hong Kong), Wu Hung (Director of the Center for the Art of East Asia, and Consulting Curator at the Smart Museum of Art at the University of Chicago) and Xu Tan (Artist)

Beijing, 9 September, 6.30 pm, The Central Academy of Fine Arts

Speakers include: Doryun Chong, Jane DeBevoise, Song Dong (Artist), Huang Rui (Artist), Wu Hung and Xu Bing (Artist)

Shanghai, 11 September, 4 pm, MadeIn Company (formerly BizArt)

Speakers include: Doryun Chong, Jane DeBevoise, Wu Shanzhuan (Artist), Shi Yong (Artist), Wu Hung and Yu Youhan (Artist)

New York, 15 October, 6:30 pm, The Museum of Modern Art, New York

This program presents Jane DeBevoise, Sarah Suzuki (Assistant Curator of Prints & Illustrated Books at MoMA) and Wu Hung in conversation with leading artists and critics. The event will be followed by a reception, where the book will be available for purchase.

Organisers of co-launch: ArtHub Asia (Shanghai), Asia Art Archive (Hong Kong), The Central Academy of Fine Arts (Beijing), and The Museum of Modern Art (New York)

SXB/KN

Related Topics: books, events, resources

Related Posts:

• New Taiwanese book focusses on personal connection with art – September 2010 – president of important Taiwanese public art association published first in planned series, points to new trend
• Discover new artists and keep abreast of of shows with artinasia.com – website review – March 2010 – a useful guide to this website
• Which museums are collecting Chinese art? New database just released – November 2009 – New York gallery AW Asia has put together a searchable database on Chinese contemporary art
• Young Chinese Artists The Next Generation – book review – June 2009 – a 300 page long introduction (the book not the post) to thirty artists born in mainland China between 1975 and 1981
• Bookmark this – Asia Art Archive Biennial Calendar – September 2008 – a link to the calendar and a brief overview

Subscribe to Art Radar Asia for more news on important contemporary Asian art events

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Globalisation of contemporary art market evident in growth of art fairs – The Economist

ART FAIRS ECONOMY

A recent article in the Economist comments on the globalisation of art and how art fairs accelerate the transnational exposure of artists, something that could become necessary for artists if they want to attract the attention of serious collectors and art investors. Importantly, it also identifies the current international art fair hot spots. Read on for our summary of this article.

Globalisation of the art market

Globalisation is one of the most important phenomenon in the history of recent art. Contemporary art needs the potential of a global market and thus enters the art fair. Biennials and landmark exhibitions help to initiate global change in the art scene. International art fairs spread belief in contemporary art through the help of banks and royalty, from Deutsche Bank to local rulers in the Middle East.

In addition, the article quotes Marc Spiegler and Annette Schönholzer, co-directors of Art Basel, as saying that private collections are becoming increasingly international. Collectors start by acquiring art from their own nation and eventually acquire internationally. In many countries contemporary art has become an economic project involving collectors, dealers and huge cultural districts with museums and art fairs.

Art Basel 2009.

For an art fair to be properly diverse, careful curation is essential. For good international fairs, this not only means that attending galleries show talented artists, but also that they show artists that live in the country the gallery is located in. As quoted in The Economist,

As Lucy Mitchell-Innes of Mitchell-Innes & Nash, a New York gallery, warns: ‘It’s a problem if four or five booths have the same artist’s work. A good international fair wants Chinese galleries to bring talented Chinese artists, not another Antony Gormley.’

International art fair hot spots

The locational hierarchy of art fairs differs from that in the auction market. For art auctions, the three most prominent cities are New York, London and Hong Kong, in that order. When talking about art fairs, Basel would come first, but what follows this lead is unclear: Miami or London, New York or Paris?

Even more notable are the art fairs currently sprouting up in Asian countries. These are creating alternate markets for art and challenging Western leadership. Adding to the hierarchical ladder are two newcomers: Hong Kong’s ART HK (Hong Kong International Art Fair) and Abu Dhabi Art, operating from the Middle East.

What art fairs mean for artists and their art

In general, art fairs can accelerate the transnational exposure of all artists represented. Art Basel is unrivalled in this category and it may be because it has always defined itself as international. The frenzied demand for new art peaked with the creation of smaller art fairs. Some of them work as satellites to the major European events, the biennials, art festivals and fairs such as Basel. These budding fairs cater to lesser known, emerging artists.

Within the art market, that an artist is “international” has become a selling point. Consequently, the local artist has become almost insignificant, while those called “national” are damned with faint praise.

Art fairs, with their aggregation of art dealers forming a one-stop shoppers’ marketplace for art, attract high-spending collectors, generate greater sales and have to some extent replaced galleries with their increasing drawing power. Still the globalisation of the art is not just about money. There are a growing number of non-profit biennials that are developing along with the market structures. As quoted in The Economist,

Massimiliano Gioni, a curator based in Milan and New York, who is overseeing the Gwangju Biennial, which opens in South Korea in September, recalls that the avant-garde was ‘built on a transnational community of kindred spirits,’ adding, ‘sometimes I long for that.’

This is an Art Radar summary of “Global frameworks – Art-fair musical chairs“, first published in The Economist.

JAS/KN

Related Topics: art fairs, international artists, market watch – globalisation

Related Posts:

• Antonia Carver named Art Dubai director, lends Middle Eastern art insight to fair – July 2010 – a summary of media reports from the time of Carver’s appointment
• Is globalisation of the art market slowing down? The Economist reports – June 2010 – discusses the dominance of American artists at Christie’s New York’s recent sales
• World’s top collectors and art professionals attend ART HK: a testament to fair’s growing importance – June 2010 – names the collectors in attendance
• Art industry elite meet at inaugural Abu Dhabi Art Fair – December 2009 – a brief overview of the event with images, mentions segregation of new and established galleries
• Art in storage, at fairs and sales – is it getting harder to insure? – October 2009 – this article explains why this may be the case

Subscribe to Art Radar Asia for more on prominent trends in the contemporary art market

Top 8 Art Radar search terms: contemporary art trends revealed

JAPAN KOREA ART GRAFFITI NETWORKING PROPAGANDA POSTERS ART TRENDS

What are Art Radar‘s most popular search terms? Japan tops other Asian countries with most-searched-for art, graffiti moves out from the underground and Chinese art and politics are brought once again to the fore.

Art Radar Asia has now published two lists of original data on our most searched contemporary Asian artists, one in December 2009 and the other in July 2010. With these lists, we attempted to offer some insight into which artists are currently enjoying popularity in the international and Asian art markets.

Chinese propaganda poster.

While doing this research we also noticed that a number of common search engine terms were leading people to our articles. Just as we did for our most searched artists, we have decided to publish a list of most searched terms used by readers, which could hint at current trends within the contemporary art community. This list covers searches undertaken between 30 June 2009 to 30 June 2010.

1. Contemporary art
3,164 searches

2. Japanese art
1,680 searches (including: Japanese art – 503 searches; modern Japanese art – 372 searches; Japanese contemporary art – 334 searches; Japanese artist – 471 searches)

3. Propaganda posters
863 searches (including: Propaganda posters – 546 searches; Chinese propaganda posters – 317 searches)

4. Contemporary art collectors
394 searches

5. Graffiti (Banksy)
374 searches

6.  Art networking sites
340 searches

7. Korean art
246 searches

8. Chinese propaganda
320 searches

Art Radar Asia receives over 27,000 page views in a month. Our readers come to us from numerous places across the Internet: search engines like Google, social networking sites such as Twitter or Facebook, our weekly email newsletter and word of mouth. Our readers are art collectors, gallerists and dealers, art professionals, scholars and artists. For all these people, it is important to understand current trends in art, whether they are influenced by them or not.

We can’t claim that this list is a reliable proxy for the most-searched art terms on the Internet overall (take a look at our notes at the bottom of this article). However, we do think the list throws up some fascinating data. Below, we attempt to decipher some of the standout results from the tallies in this list.

Japanese art in top search spot

Takashi Murakami

Perhaps unsurprisingly, “Japanese art” sits in second place with an overall total of 1,680 searches. In both the December 2009 artist list and the June 2010 artist list, Japanese contemporary artist Takashi Murakami held the number one spot as most searched artist on Art Radar. The desire to know more about this artist could be one of the factors driving this search result.

Propaganda posters and Chinese propaganda

With the work of contemporary Chinese artists continuing to sell for high prices and the artists themselves continuing to make headlines – as artists in China work under strong censorship laws they often create reactionary works – contemporary Chinese art has remained popular for some time. In addition, the current political situation in China drives external interest in the history of the country, ensuring propaganda posters created decades ago remain both relevant to contemporary study and highly collectable.

Art Radar Asia has published a number of stories on Chinese contemporary art and on propaganda art and Chinese propaganda posters.

Banksy, North London.

Art Radar graffiti series proves popular

In January this year, we published a two part series (Part I and Part II) explaining graffiti and street art. These articles have proven extremely popular, hinting at a desire to know more about this contradictory art form; it is one that is still often underground and sometimes even illegal (therefore inaccessible) and at the same time, with artists such as Banksy becoming known internationally, increasingly commercialised and collectible. We think this goes some way to explaining the 374 searches for “graffiti”.

Desire to connect to the international art community

We recorded 340 searches for “art networking sites”. Increasingly popular as a marketing and information tool, social networking sites tailored to art professionals can give members access to the knowledge of other art collectors and investors as well as the opportunity to view the work of artists from around the world. In March 2009, we linked to an excellent list of current social networking sites first published on Art Market Blog.

Notes

This list is not a reliable proxy for the most-searched art terms on the Internet overall. Here is why: If we have not written a story on or tagged this art term, the search engines will not bring us traffic for this search term and it won’t appear on our traffic analysis stats page. As we have only been up for just over two years it is quite possible that we have not yet covered some highly-searched art terms. And even if we have referenced an art term on our site and the art term is highly-searched, the searcher will not come to us unless we have a good page ranking for the story on the search engine.  For example if the story is, say, after page 4 of the search engine results, the searcher probably won’t find our story and will not appear in our stats. Despite these limitations the data is likely to be a reliable indicator for certain trends. Finally even if we have a story and the story is well-ranked, it may be that other stories on the same page are more alluring than ours and readers do not find their way to us.

KN/KCE

Related Topics: lists, from Art Radar, trends

Related Posts:

• Top 20 Asian artists June 2010: Art Radar Asia’s most-searched artists – July 2010 – evaluates the results with regards to artist activities
• What is street art? Top 5 street artists in the art world – Part II – March 2010 – an insightful overview of this controversial art form
• What is street art? Vandalism, graffiti or public art – Part I – January 2010 – an insightful overview of this controversial art form
• Top 17 Asian artists 2009: Art Radar Asia’s most-searched artists – December 2009 – includes some information on each artist
• Top 10 social networking sites for art – March 2009 – extremely useful, even readers’ comments left on this post point out some helpful sites

Subscribe to Art Radar Asia for more art-related lists and resources

Four Asian artists nominated for NYC PULSE Awards

EMERGING ASIAN ARTISTS –  ART PRIZES

 

Four Asian artists were nominated for Pulse Awards at the PULSE art fair  which took place in New York City and Miami between 4-7 March 2010: Shun Duk Kang from Korea, Hiroshige Furuhaka from Japan, Farsad Labbauf from Iran and Sopheap Pich from Cambodia.

Though none of these four artists won either the PULSE award or the People’s Choice award, the fair gave them extensive exposure (they each won their own booths) and point to their status as emerging names in the global scene.

Shin Duk Kang, Heaven and Earth, 2008

Shin Duk Kang, a South Korean artist, is represented by Seoul’s Galerie Pici. She creates installation art that reflect the limits of her material while evoking nature in her work. She also makes prints, which utilize geometric forms to continue exploring the subject of nature.

Hiroshige Fukuhara, The Night Became Starless, 2008

Ai Kowada Gallery 9 represents Hiroshige Fukuhara, who specialises in drawings with graphite and black gesso on wood. Viewers are drawn to the simplicity of his works, as well as the subtle addition of graphite, which makes his black-on-black drawings shimmer from certain angles. Before PULSE, he was featured in PS1’s 2001 show “BUZZ CLUB: News from Japan.”

Farsad Labbauf, Joseph, 2007

Iranian artist Farsad Labbauf combines figurative painting with Iranian calligraphy to create a unified image, regardless of the content of the words or pictures within that image. He refers to his Persian heritage as his inspiration, especially its carpet-making tradition: that unrelated elements were able to come together in linear patterns to create a whole. He concludes that his work is “often an attempt for the union of the internal.”

Sopheap Pich, Cycle, 2005

Sopheap Pich is a Cambodian artist represented by Tyler Rollins Fine Art of New York. His work mostly consists of sculptures of bamboo and rattan that evoke both biomorphic figures and his childhood during the Khmer Rogue period. He has become a major figure in the Cambodian contemporary art scene.

AL/KCE

Related Posts:

• Colin Chinnery, director of ShContemporary, on future of Shanghai Art Fair – interview Artron – Jan 2010
• The ones to watch: four young Taiwanese artists in Taipei Arts Awards – Jan 2010
• Art industry elite meet at inaugural Abu Dhabi Art Fair – Dec 2009
• First NY solo show for Sopheap Pich, Cambodia’s most prominent contemporary artist – Nov 2009
• Abraaj Capital art prize fills void – May 2009

Subscribe to Art Radar Asia for more news about contemporary Asian artists.

Fresh evidence contemporary art price rise is structural says FT

 

 

 

 

 

 

Source: Financial Times

MARKET NEW BUYERS MORE BUYERS The huge wealth from oil and mining in the Middle East and Russia is flowing into fine art, with a rush of new buyers entering a market that was already booming. 

The arrival of Russian, Middle Eastern and emerging market collectors has given fresh evidence to those who believe that the powerful rise in the price of artworks is structural rather than cyclical – reflecting a long-term shift to a truly global market supported by growing numbers of millionaires and billionaires.

 

Last high 1990 surpassed in 2007

Last year, the art market – as measured by proceeds for the top 100 artists sold at auction – in nominal terms surpassed the previous high set in 1990, according to data from Art Market Report. After a decade in the doldrums the market recovered sharply in 2003-04 and has been on the upswing ever since. The rise in the contemporary market has been especially strong, with prices up by 300 per cent in the past three years, according to Art Market Report’s Contemporary Art 100 index.

 

Doomsayers wrong so far

Doom sayers have been predicting a fall in art prices for the past two years. The high level of nervousness about the market was revealed last November, when shares in Sotheby’s plummeted 28 per cent in a day. The reason? The auction house had failed to sell a work by Van Gogh at its sale the night before. The share price has not recovered.

Many respected dealers and collectors believe the market has reached its peak. Eli Broad, the Los Angeles-based billionaire collector, has said several times that he does not believe prices will continue to rise.

One bearish New York-based dealer says: “Mark my words, the Russians will turn out to be the Japanese of the early 21st century.” During the last art market peak, Japanese property developers were famously among the biggest buyers, snapping up Impressionist works – they were especially fond of Van Gogh – only to offload them at much lower prices just a few years later when the Tokyo asset bubble burst.

 

Customer base from more countries now

The underlying support for today’s art market does appear to be much more broadly based. 

Sotheby’s points out that five years ago, its buyers who spent more than $500,000 on an artwork came from 26 countries. Today, buyers spending that level or more come from 58 countries. Last year, 21 per cent of buyers at its sales were new, the auction house says. Since few buy at auction only once, that means an influx of customers. Helena Newman, vice-chair of Impressionist and Modern art at Sotheby’s, says: “The whole make-up of buyers has changed beyond recognition from 10 years ago. Now we have a far bigger global reach. We are also seeing far greater demand for the very best works. Our big challenge remains the sourcing of works.”

Simon de Pury, who heads the Phillips de Pury auction house, echoes that trend, saying: “Five years ago, the market was concentrated in western European and American collectors, a small group of art cognoscenti. The Contemporary market was dominated by three countries – the US, the UK and Germany. Now we can see the change just in our website: the hits are coming from Brazil, Turkey, China, India, Indonesia, Korea.”

 

Change accelerated 2 years ago

Mr de Pury says the change accelerated two years ago. He predicts that Contemporary art will continue to grow in buyer popularity, in part because the sheer number of buyers means that demand for works from previous eras cannot be met. “It is a question of availability. If you have unlimited money, you can no longer buy the best Old Masters collection in the world. But you can buy the best collection of living artists. For that reason Contemporary art will be the most significant market for the next 20 years.”

 

New museums adding to demand

He adds: “In China, every new [top-end] real estate complex being built has an art museum. All these spaces need to be filled and that will keep demand high.”

Most Middle Eastern nations are likewise building art museums, with both a Guggenheim and a Louvre destined for Abu Dhabi, for example. These museums will start accumulating works to fill their vast spaces later this year. In the US, the home of most of the world’s billionaires, there is a growing trend for rich art-lovers to build their own museums rather than donate works to existing museums as used to be the practice.

 

More millionaires 

There are far more rich people in the world and they are simply far more likely to buy artworks. The number of millionaires in Brazil, Russia, India and China grew by 19 per cent last year, according to the World Wealth Report, released this week by Merrill Lynch and Capgemini. The top 10 collectors in the world now include Victor Pinchuk, a Ukrainian steel billionaire, Carlos Slim, the Mexican telecommunications tycoon, and Qatar’s Sheik al-Thani, according to ARTnews magazine, which this week released its annual list of big spenders.

Art is also seen as a socially desirable channel for the wealth resulting from the 20-year growth in financial services. US hedge fund managers such as Steve Cohen have emerged as big Contemporary collectors. Ben Crawford, the chief marketing officer of MutualArt.com, says: “It starts with the wealthy and then there is a trickle-down effect. Look at the beginning of the century – who bought designer clothes? Tiny numbers of high-society people – but once they became available to more and more people, the buyers didn’t go back. The art buyers won’t go back to putting Star Wars posters on their walls.”

Image details: Eli Broad, art collector

See:

• Billionaires from Russia Middle East new in top 10 art collectors 
• How Russians, Asians are changing the art market

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