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.
{"ct":"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","iv":"f79c171f321ba5ff2f31f6ce80800189","s":"34f088dc33db6aa7"}
Share your thoughts. Click here