Falling sales paint a bleak picture for China's art market
By Zhang Yuchen | China Daily | Updated: 2013-03-29 07:10
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Top: A woman examines a piece at Boundless: Contemporary Art in Hong Kong, Sotheby's first auction of Asian and Western contemporary art in Asia, in December. Li Peng / Xinhua Above left: Yayoi Kusama's work was one of lots at the auction, which raised HK$47.7 million. Li Peng / Xinhua Above right: A woman examines a painting by Qi Baishi at last year's Beijing Poly autumn auction. Provided to China Daily |
Lack of confidence leaves buyers and investors out of the frame, reports Zhang Yuchen in Beijing.
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