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Market Watch

Market Watch

Is the Chinese Art Market Really on the Skids?

The ivory stamp that sold high above its estimate at Christie's London. Courtesy Telegraph.

It seems that once a month someone new sounds off on how the Chinese art market is struggling. Recall, back in October, when Reuters claimed the market was lagging even though the evidence seemed to suggest otherwise (they had to face the wrath of Marion Maneker for that). In the Telegraph, Colin Gleadell has a short piece (or a long paragraph) on how the Chinese market is “losing steam” based on London’s Asian art sales.

Strangely, he begins with a number of positive notes. Read More