Chinese buyers spend $116m at art auction in NY

Updated: 2015-05-12 10:35

By Lin Qi(chinadaily.com.cn)

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Chinese buyers spend $116m at art auction in NY

[Photo provided to chinadaily.com.cn]

2.Pablo Picasso's Femme au chignon dans un fauteuil (woman with a hairbun on a sofa) fetched $29.93 million to become the third-highest paid lot of the night. It went to Chinese media mogul Wang Zhongjun, who acquired a Van Gogh painting for $61.8 million also at Sotheby’s New York sale in November.