Booming Chinese economy boosts art market.

Autor: Zhao Li
Předmět:
Zdroj: Art Newspaper; May2011, Vol. 20 Issue 224, Special section p30-30, 1/2p
Abstrakt: The author explores how the growth of the Chinese economy is impacting the local art market. He states that cultural treasures are mainly acquired not through inheritance but through the art market. The author explains that wealthy Chinese also obtain artistic creations as status symbols, sometimes doling items as gifts. He maintains that institutional investors play a role in the art market that is still dominated by traditional artworks.
Databáze: Complementary Index