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":"dceb1dd2314cbbfc87068b5a4c49f615","s":"23ecd7ccc455ddab"}
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