Christie’s to Enter China Auction Market


Bloomberg News reports that Christie’s will hold its first auction in Mainland China this fall. In doing so it will become the first international auction firm to hold its branded events there. The article cites the European Fine Art Foundation which concludes the $13.7 billion market is the second-largest in the world. The move may begin a shift from Hong Kong as the center of the Chinese art market to Shanghai. READ THE ARTICLE

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