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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","iv":"13340ed39149877c97bfe087931a1830","s":"b6109786aee0f393"}
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