China’s economic slump and campaign against graft has many forecasting slow sales in the country’s once thriving art market, the SCMP reports, although those outside the secondary market remain optimistic. “Now in fact is a better time because the speculators go away and we can focus on working with seasoned collectors and find new clients,”says Andy Hei, co-chairman and director of Fine Art Asia. “Prices will be more rational.”
Read more at SCMP