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":"28c7603ea12adf88722a0c806040fd4f","s":"6c4f36462777ccf3"}
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