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STATE OF THE ART

Serial Thrillers and 

the Art of the Steal

by Jeffrey Hantover

WANG GUANGYI, Great Criticism: Pop Art, 2005, 

oil on canvas, two panels, each 300 x 150 cm. 

Courtesy Sotheby's, New York.

Starting with calligraphy in the fifth century, the history of Chinese art demonstrates that where there is a market, there are fakes. Contemporary Chinese artists are armed with digital cameras to document their work, so the "irrational exuberance" of Sotheby's first New York contemporary Asian art auction in March may not unleash an avalanche of fakes. But the market's…

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