Home / Culture / Art

The potential of China's art market

China Daily | Updated: 2013-03-29 10:46

Prices of Chinese art works could be set higher if exhibitions, cultural centers, and the curation and planning of shows was improved.

An awareness of the true spirit of collection should be cultivated and fostered if dealers are to explore the arts scene independently, rather than relying on recommendations from second-hand sources. Also, there should be a greater awareness of the short-term investment risks. Since 2000, more inexperienced general investors, rather than genuine collectors, have flooded into the market. Their sole reason is financial gain, not fostering the arts.

Sources: Artron.net and Artprice.com

Related:

The potential of China's art market

The potential of China's art market

Cornering the market  Auction items on display 

Falling sales paint a bleak picture for China's art market

Spring has yet to warm the hearts of China's auctioneers. Instead, a chill wind is blowing through the art market. In contrast to recent years, the spring auction season, which began in early February, has been a cause for concern rather than celebration. More...

Local versus global

Along with China, India is another emerging market for Western art collectors. But unlike the Westerners, Chinese collectors show little interest in southeast Asian art. More...

The challenges facing the market in China

Sources of high-end art works have gradually dried up, leaving auctioneers with depleted resources and facing grave difficulties in the collection of items for auction. More...

 

Editor's picks