Retail
October 4, 2021
As collectors search for appealing investments, a new generation of young Chinese want luxury goods as alternative assets that also reflect individuality and status. Image credit: LVMH
By Glyn Atwal
Demand for collectibles — whether for fine art, jewelry, or fine wines — is healthy among China’s wealthy consumers. Remarkably, the Art Basel and UBS Global Art Market Report 2021 found that Greater China accounted for 21 percent of the $50.1 billion global art and antique market in 2020.
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pMnqCxji2m4bYVjyJLFQHrRrYALLLYecrEVjLUwku9O8qbfFm8PSoWcTVC3+w\/1NVlV3fZdGnNT5l9x4m3HgkGjI8R0yVzmcMKpmU7rXZu+ea46UYQca7Y9EOHwgOU+UOqzt3UdhcONJO\/HdhbQ8VMYIQ816H+ZXW7OKoufHym2jV32DOA3h7r5a3hnGapzVHdX9Y15bHAYlSg6Cfq5vp32Bw+Fot59UuTwcXzw81xuw\/CBIo8TNxubngvl2ioG8aoePbkhWDYD7jler9f7+6iVUWd0bwSILdMzo5OPnDwtP\/M9Z8czLy7otQaX0Is1JqGffbXPi151Wmanuc8Y0nxiqbOthiCkagIYjGqu2FxRVKd70lYRcvKbglb8x9HiFuJ9+QP6NnAqYPr4GM84QmhZHi+NaWi+KJt\/GvzefFmvJobJiwhjFT8VV6MeruPSPDdoTUaMAq0\/4TiQss1yXmT6vuub7HWYZYSSZYLZ8Ut1kqX3Bz7VQmYqu9ThdU4D8fov68m5WCgE6tQSNWfi0YmwchvKOsyuZw7F2xV8TOlmvwY95xMP9aHpq8fdQW2Z+QN+3a3scg6D\/ginChiut2DWZRRDumpq+c4\/MdFevUPCz5Dv7jh4nPvBkQA+LiXexv7tsHn9FG6c+xb+0j5s203llCPqEOqsX4LuvdVssdXf32OsHwpcAIJX2Q6nRerGWlFKhYxlAC1MqmhYTTZaXk5L7PlMrxtXVPWZ5Y5kOfrimm8tAFAxiNlHYba75Ou584ShEML9B6Bg\/y2Lc0rfAhugeQb5hbKzfgk+Gr3fB5S5uYkl5b6ZP\/62DyCHX5F5mLrPgapxPxWAnAo+XfMdl7ZkI9TG+lgQLtxKYANye4o7gwu4i0b2kR\/\/+FX7ncbTIoY9NJpkroZbtyL5V4tWUNTfOuLCvm1R+mrKYD6EK+bCK7\/b39mOgm6eQXgjekz8K9grHJQlMaG6xEYMI4lbn6+tBgB4oRoRhsYpafWVX3fi10J00RMSvE8ILir0vmQDijDW9mBr4zt0sxP1V7SShuothbmUcH5g2ZQ4qME4ioIAL3Qin+isbelNr+oKtRKdBko6SCQwuthWegtqYqedeSF499sIInflJkF\/CW0IrjH5At5YIAfiMSaEWFRMrQA3dVtTiSpxK70F29brb3KZ0ivxvcsYOwodfRsP8m3XIGDT1ez1L7GyS3OgDmJHWgiwPLlS0gEroiRsR6vuPVwIbXboE2YZiBwTeby1j6zO9gVl8\/nXgIVdjCm1t00oMYfFu2JBZx5f23eiLO0D9E1ArINhslCX\/hyI4Rt\/UgO9vDuPUNTw5ps9WaiTIS9nc7PYLAZq7sTFGJYnM1YnsFAWhgHgN6rM2UyAFr\/L8CXPmCviu7tMeWom1fc6jybPHxuoLxDAICkERp\/HRrI7YJ1V7VivoRsR4uduTgEl2yu630T6xeuEnQZE+XppK2noh0TdcsyRlp1KU\/9eKcF4UM7KFCxUcV4c3fQzXD+fpOWwktQ3KrkMLdU7fjZFQViR\/U1AEfSNPGhcW5r4Se453Ix57dJ92JwB3ZIIMC3WQpZHIgmii6WacC+gtpqJFI5LvFGWLeSrTYbM3qiNIq7TX\/wryX47Pob\/86jyMGoXr+x8UsyWsW3+p41wUaINmBxtu1ZpviTUfUo8tZGz7oN2ON2ZXUPlHupSXCNIB\/XH53\/OxUa0K\/X6OBcb6+6SrJA9V8N2G3teFhZCH4\/SV1pg5HHPwq+F1WUBvCYy39Q8zeHI\/0wf2AcHrSswkNxgLBdqv3zYlTmvrM1VgCet19X3MBab7mUwNZ6H1srXqNpqG5coebmgMn2TtV+3zm+o8pV8btFAPGAjN8FiL2dqOLs\/AE30TR08FuoxujXJGn7J1msFR+AFJizVsjXlYgEOqWGDAqOe5xGC9oR5SagZHBlIFJxoSbAkGr3jQGjQVuqlfIgdxbLl9y0Xe61N\/yfL5kSF\/QwfuoMZ2DEQNgkN2MT2f8OSzSsw4l\/jc4Gg6znOZie99aKIrqNLejenQBZu2xkmWYdRdEm\/HC8djQodDlQUHxwubZS2GkcLcvHEeJtKgp0XUI7v6YI\/BEzhteX7Hdm2UF5uWaVC130KP7jtSkz8lSTo6xBsPtT7n2pmXcKLqX64zXRyfqVe\/YKgkzL\/XJCi9CXGr4sHZ93se6LKc9eA6jXguygTKiwcN\/dOCcUSuBvUdGe5S6ktOyJjk1imTL3IKbH7otaBLJ38rfJd1CZgQgNSbvjyYSTD47qhjEzHETaE2P2o7v9ZX\/CPc8OuCxHs0XURR89jGWGX4kXJxkBCa0qOhIL+AmgBsOf0uHpnbrW3TPEfsOEdaLkA0gAjeXnttzvoTGp+9BrYkPSitQJ6mZD\/6NxYP9141nITZOMbdCwT3gv9Gz3pHS9xB\/RqVDd36kIl\/fhXltJhpKyz5b0QuwGzfNmysvcodEJvyI06sXOJl5L8uo04yeNdJTFQKQUdMFopqzvj\/jJ5nu6tuz3eaB2NP1sWtHnAKtDgTBbnVEagbKZsLbC0K0Azg3dLAseCIJ\/q27o7KZojTMIeI\/AB3i6cFN9m4\/Pxs1pDDqlL1Bj+7Q\/xTedjvKAUKkKu73Ssbh628rogp0tU7HEpFeI3HCaJZypXnea9XixIXivtFA67IZrk5MBwLiX4dZj10vjJvsbeMMHopvVCVswJGq1kJlt\/Buue1qtk7i2ut4t+boOWodECPkUkuK6YxNoD2geeGvQtUW+j8YLxaGqky3ZCWaFj7OuZRh6BTYnpHjaeBZqnt8vAkxzIIlk+afEVM\/WLchR+Pzjn6cNH63UJSIc1f5Ei8GEl9q+dpQVawzdO\/Xt3p8bMrdL7dM39\/d+N47U2b\/geIkFDYL1cYXwmWM5qHMkheL\/2cFAnxOj+6ozTxVsNYPguXpbkOyB+IGrRxKs\/xElPTnEVjdu3DwTddOF47hnr7wQedKhE+T3P\/xNaua6TrP+sdK1CLCh7KJM+ZwiOZGyXq0WofjoGkraZO4bt+mNdJKKNpfrwNL0S49uwVjx8742pYjC9uCV\/qs2QVqDg1fLM34tgeB09QB9gfiJG9lhpU09uoEktvTpw==","iv":"da1076c8b9ed03009b0db767ae249580","s":"d9d34e7861251524"}
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