The painter Qi Baishi has become the first Chinese artist to join the $100 million club.
A set of Qi’s ink-brush panels, Twelve Landscape Screens (1925), sold for $140.8 million at Poly Beijing. It is the highest price ever paid for a work of Chinese art at auction.
The artist—best known for his calligraphy and brush painting—created the work in 1925, when he was 62 years old, according to a description on Poly’s website. “It can be regarded as the most expressive style from Qi Baishi’s stylistic transformations but is also the largest in dimension of the twelve landscape screens format,” the auction house says.