Scroll row puts art ambitions of China's rich on display
With two museums already in his empire, tycoon Liu Yiqian is a would-be Chinese Getty or Guggenheim, but a row over the authenticity of a scroll that cost him millions of dollars threatens his artistic legacy.
Liu stands behind the scroll's authenticity, as does Sotheby's, which along with rival Christie's has been courting Asian buyers, with China now among the largest art markets in the world.
"This is a good thing, debate on the authenticity of 'Gong Fu Tie' helps restore historical truth," Liu told state media, though he added the controversy had left him physically and mentally exhausted.
Liu declined an interview with AFP, citing unhappiness with a New York Times series last year on China's art market, which described it as riddled with fakes and inflated prices and called him a "new collector".
Lavish spending
Liu, 50, made his first fortune speculating in Shanghai's newly established stock market in the 1990s, but now runs a huge conglomerate active in several industries, and his wealth is estimated at $1.6 billion.
He is one of a number of Chinese collectors who have made headlines in global art sales circles.

But some have faced a domestic backlash with accusations of lavish spending and showing off, even as they claim to be returning cultural relics to China.
Critics have openly challenged the motives of real estate developer Huang Nubo, who paid $1.6 million for seven white marble columns from Beijing's Old Summer Palace which will be displayed at his alma mater, Peking University.
"The recovery of relics should be a state action, which ought to be achieved by justice without paying for them," Yao Le, researcher at Jiangsu province's Academy of Social Sciences, said in the Global Times newspaper.
Another tycoon, Wang Jianlin, came under fire after his company spent $28 million on a Picasso, with people saying the money would be better spent helping China's poor.
The scroll at the centre of the latest controversy is housed in a glass case in its own room in the basement of the new museum, a vast building in a government-backed art district.
A small sign headed "Su Shi" reads: "His brushwork is round, rich and full of changes, yet with a touch of innocence and brilliance."
On opening day, a visitor struggled to read the scroll, written in classical Chinese and the complex characters which gave way to a simplified version after the founding of the People's Republic of China by the Communist Party in 1949.
"We can't understand it," said the middle-aged woman, declining to give her name. "For us, it's too troublesome to appreciate."

E-Paper




