Chinese buyers spend $116m at art auction in NY

[Photo provided to chinadaily.com.cn]

3.Claude Monet’s Bassin aux nympheas, les rosiers (pond with water lilies and roses) was another star of the evening sale with a $20.41 million price tag.

Sotheby’s later disclosed the buyer was Dalian Wanda Group, the Chinese commercial property developer and cinema chain operator founded by Wang Jianlin.

It paid $28.1 million at Christie’s for a Picasso portrait.