Why The Future Holds 'Unmatched Potential' For China’s Gigantic Auction Market
In an interview with Jing Daily, artnet News Editor in Chief Benjamin Genocchio discusses why the global art world needs more China knowledge.
Panelists and presenters at the artnet/CAA summit “The Chinese Art Market – Present and Future,” in New York on March 13. (artnet)
Panelists and presenters at the artnet/CAA summit “The Chinese Art Market – Present and Future,” in New York on March 13. (artnet)
Contents
- What inspired artnet to host a China-focused event, and what were the benefits of holding the event in the United States and not China?
- What are some of the most important issues in China’s auction industry today as highlighted by the talk?
- When we read about Chinese auction houses in English-language press, it’s usually about the largest two, Beijing Poly and Guardian. How important are the smaller houses to the Chinese auction market?
- Beijing Poly is now the third-largest auction house in the world behind Christie’s and Sotheby’s. How much do you think it will impact the global auction market in the coming years?
- Christie’s and Sotheby's both expanded into mainland China last year. How much competition will these companies pose to the Chinese auction houses?
- Has artnet expanded its coverage of China as the market has grown?
- Does artnet plan to host more China events in the future, and will you be holding any in China?
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