chinese art

How China Became the World’s Second-Largest Art Market

Veronica Mendez

Fast-forward 20 years later, and China now possesses the second-largest art market after the U.S.  . In the October 28, 2013 New York Times, Barboza, Bowley and Cox reported that China’s auction revenues reported revenue of $8.9 billion, and China’s native Poly Auction house has risen to become the third-largest auction house in the world, behind Christie’s and Sotheby’s. 

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