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Munch Beaten by Keran Li on China Demand, Artprice Says

Works by Edvard Munch, the most valuable artist at auction, have increased in value at a slower pace over the past decade than those by China’s Keran Li, according to research company Artprice.

While Munch’s “The Scream” became the world’s most expensive artwork at auction when it raised $119.9 million with fees at Sotheby’s in May, the Norwegian artist’s price index has risen less since 2001 than Li, the French-based company’s data says. The pastel work, one of the most copied images in art, goes on show at the Museum of Modern Art in New York today.