america
Broad Art Museum Hires America’s First China-Based Curator
In a major step for a US arts institution, the Eli and Edythe Broad Art Museum will bring on Beijing-based Wang Chunchen as America's first-ever China-based adjunct curator. Read MoreFrench Wine Imports In China Surge 70% In 2011; Italy, Spain Closing In
Though domestic plonk still accounts for over two-thirds of China's booming wine market, valued at 75 billion yuan (roughly US$10 billion) in 2009, imports saw a 60 percent surge in the first six months of 2011. Read MoreChina Tops US As Bordeaux’s Top Export Market Outside Of Europe
Amid one of the worst years for the Bourdeaux wine industry in recent history, which saw American and British buyers discouraged by the global financial crisis and a strong euro, in 2009 China surpassed the United States to become the region's largest export market outside of Europe by volume. Read MoreHong Kong Now World’s #1 Wine Auction Market, Surpassing London & New York
This weekend, Sotheby's began a five-day string of auctions in Hong Kong -- continuing until October 8 -- with auctions of fine wine from the cellars of two anonymous American collectors. Though one of the world's newest hubs for wine, due to a combination of ending wine duties, encouraging mainland buyers to take part in wine auctions, and growing demand both in Hong Kong and in mainland China, Hong Kong has within a few short years become the world's #1 auction market for wine, overtaking traditional leaders London and New York. Read More