15. 04. 2014

Chinese Arts Company Goes Public in Bid to Grow

The China Poly Group Corporation, a state-run conglomerate that got its start selling weapons to the People’s Liberation Army, has over the past few decades successfully branched into developing real estate, selling sports...

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15. 04. 2014

This Chinese Auction House Wants to Buy $1 Billion of Detroit’s Art

Chinese companies have been on a buying spree around the globe for minerals, oil and real estate. Add art to the shopping list. Poly International Auction was named as one of four bidders looking to buy a portion...

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24. 03. 2014

CHINA’S NEW COLLECTORS DRIVE GLOBAL ART MARKET REBOUND

Global art sales took a major hit from the 2008 global financial crisis, but a new report finds that they’ve almost approached their pre-crisis high—thanks in large part to China’s burgeoning number of collectors....

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24. 03. 2014

Mainland Chinese art buyers grow more choosey

  The mainland’s droves of newly rich are keen to dabble in the art market, but many hold misconceptions or make basic mistakes, said the co-organiser of a new international fine art fair...

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24. 03. 2014

Sotheby’s Chinese Art Sales in New York total $43.7 million, exceeding high estimate

  This week at Sotheby’s, the auctions of Chinese Art brought a combined total of $43,687,377 million – comfortably exceeding the high estimate for the three sales of $31.3 million. The top lot of...

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12. 03. 2014

How China Is Changing The Balance Of Power In The Art World

Market headlines about whether China is number one, two or three in global auction sales may only be the tip of the iceberg of what is in the making. Looking at its auction houses,...

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