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AO Newslink

August 14th, 2012

Forbes reports on how China may be leading the media to believe its art market is more successful than it may actually be. In the past few years, demand for Chinese contemporary art has remained mostly domestic, and many of works sold at auction in Hong Kong and Beijing remain unpaid-for. Though China has been said to hold the number one spot in terms of ranking of art sales globally, the news tests the accuracy and truth of these rankings.

Read the article via Forbes

One Response to “AO Newslink”

  1. Yan Says:

    I sort of felt that article read a bit sensationalist. Dug around and found another counterpoint on the subject. Seems like a pretty complicated market: http://www.jingdaily.com/separating-hype-from-reality-in-chinas-auction-market/20228/

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