ArtTactic's Analysis Of Christie's Spring Auctions In Hong Kong: Highlights
This week, a new report by ArtTactic finds that the Chinese art market hasn't only largely recovered from its post-crisis dip, it's starting to experience strong pick-up in demand and growth is only accelerating.
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- Strong Results Indicate Chinese Art Market Has Moved Beyond "Period Of Recovery" To One Of Growing Demand And Prices
- Total volume of Chinese Contemporary Art sales ($15,634,990) was more than double that of both Spring 2009 ($7,587,710) Autumn 2009 ($7,134,920).
- There is a new group of internationally renowned contemporary Chinese artists that are generating strong auction interest, such as Cai Guoqiang and Ai Weiwei.
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