auction market
Why A Slowdown In Asia’s Art Market Could Benefit Chinese Art
Coming off a stellar year in the Asian art market, which saw records fall at international auction houses like Christie's and Sotheby's and emerging regional powers like China Guardian, commentators are now asking whether the momentum can continue in 2012. Read MoreDomestic “Super-Collectors” Becoming Top Influencers In Chinese Art Market
Aside from pushing up prices for Chinese artists, perhaps the most interesting role played by Chinese super-collectors is their ability to shape the buying habits of new, small-scale collectors. Read MoreEight Key Trends That Made Their Mark In China In 2011
With commentators around the world weighing in on what 2012 will hold for the luxury industry in China and the country's still-booming art auction market, it pays to take a step back and look at some of the major trends that took shape in 2011. Read MoreBeijing Auction House China Guardian Set To Launch New York Office
As Chinese auction houses look to set up shop overseas, what we're seeing is less of a desire to compete with Sotheby's and Christie's, and more of a focus on using these offices to source rare and valuable Chinese art for auctions back home. Read MoreNew Report Shows Chinese Contemporary Art Market Confidence Higher Than US & Europe
Buoyed by China's new collectors, ArtTactic's confidence indicator "remains strongly positive," though the differences between domestic Chinese and international auction houses are becoming increasingly stark. Read More“Chinese Collectors Are Basically Looking At Chinese Art”
With China surpassing Britain to become the world's second-largest art market by combined auction and gallery sales and overtaking the US to become the world's top market by auctions alone, art market observers have begun to ask if or when China's new collectors will turn their eyes to Western artists. Read MoreChina’s Art Collecting Boom Making Up For Europe’s Decline?
As a result of few alternative investment options, stock market instability, fears about inflation, and a rising yuan, the presence of Chinese collectors at auction, not only in mainland China or Hong Kong but also in New York and London, has risen quickly on a global level. Read MoreQi Baishi Painting Sells For $65 Million In Beijing: What Could It Mean For HK Spring Auctions?
He may not be a household name in Western countries, but over the past few years the Chinese painter Qi Baishi has quietly emerged as one of the world's top-selling artists on the strength of his popularity among cashed-up mainland Chinese collectors. Read MoreAuction News: Christie’s Looks To Beijing As Poly Looks To New York
Over the past two years, Guardian and Poly came seemingly out of nowhere to become true potential rivals to globally dominant leaders like Sotheby's and Christie's. Read MoreBoom Times For Vintage Baijiu, Chinese “White Lightning”
Much as Chinese collectors have caused prices for favored wine vintages like Chateau Lafite '82 to skyrocket at auction in Hong Kong, well-heeled Moutai lovers are bidding hundreds of thousands of dollars for rare vintage bottles. Read More