国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

 
Home> Latest News

More going, going, gone in China

Updated: 2013-03-13 15:43
By Sun Yuanqing (China Daily)
Comments() Print Mail Large Medium  Small 分享按鈕 0

More going, going, gone in China

Kevin Ching of Sotheby's Asia says its main strength is still in Hong Kong. [Photo / China Daily] 

International and Chinese auction houses move on to a bigger canvas

Sales may have dropped, but China's art market is still expanding.

After their first auctions in each other's territories last autumn, Chinese mainland auction houses are looking into further possibilities in Hong Kong, while the big Western houses try to establish themselves more in the Chinese mainland.

"Even at a much slower growth rate the long term outlook for art sales in China appears promising," says Vikram Mansharamani, a lecturer at Yale University and author of the Boombustolog: Spotting Financial Bubbles Before They Burst.

Beijing's Poly International Auction plans to hold seven auctions in Hong Kong next month, three more than last autumn.

China Guardian Auctions' vice-president Hu Yanyan says the company "will devote more to exploring the market potential in Hong Kong", and is trying to connect to the local art scene by launching a new category of paintings and calligraphy by contemporary Hong Kong artists.

Meanwhile, Sotheby's plans to hold a spring auction in Beijing, probably of contemporary paintings, jewelry, watches and wine, says Kevin Ching, CEO of Sotheby's Asia. This would be Sotheby's first official auction on the Chinese mainland following a single-item sale last September.

"The scale won't be very big, as our main strength is still in Hong Kong," Ching says. "We are still familiarizing ourselves with the procedures there. The scale will grow after one or two auctions."

Sotheby's set up a joint venture with the state-owned Beijing GeHua Art Co last year. It invested $1.2 million (917,400 euros) for an 80 percent stake in the new company. Ching expects the Beijing company to break even within 12 to 18 months.

The joint venture allows Sotheby's to become the first international company to hold auctions on the Chinese mainland.

Among other restrictions, Chinese law bars foreign auction houses from selling "cultural relics" that date earlier than 1949, which form a significant part of the Chinese art market.

This could be a major obstacle for the international auction house, says Ji Tao, a veteran auctioneer in Beijing.

"Everyone was talking about Sotheby's arriving in Beijing. It was big news. But no one is really worried about it because it's not allowed to sell cultural relics," Ji says.

Previous Page 1 2 Next Page

Survey & Comments

| About us | Contact |

Constructed by Chinadaily.com.cn

Copyright @ 2012 Ministry of Culture, P.R.China. All rights reserved

福州市| 穆棱市| 济阳县| 通江县| 屯昌县| 五莲县| 海盐县| 社会| 合作市| 南丹县| 信丰县| 敖汉旗| 彭阳县| 鄂州市| 磴口县| 罗江县| 湖州市| 贡嘎县| 浮梁县| 武功县| 招远市| 杂多县| 竹山县| 阳高县| 柘城县| 收藏| 咸丰县| 临潭县| 常熟市| 甘孜县| 哈巴河县| 鲁山县| 岚皋县| 昌黎县| 永修县| 丰顺县| 平安县| 玉龙| 大洼县| 临安市| 湘潭市|