The potential of China's art market
Updated: 2013-03-29 07:10
(China Daily)
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Prices of Chinese art works could be set higher if exhibitions, cultural centers, and the curation and planning of shows was improved.
An awareness of the true spirit of collection should be cultivated and fostered if dealers are to explore the arts scene independently, rather than relying on recommendations from second-hand sources. Also, there should be a greater awareness of the short-term investment risks. Since 2000, more inexperienced general investors, rather than genuine collectors, have flooded into the market. Their sole reason is financial gain, not fostering the arts.
Sources: Artron.net and Artprice.com
(China Daily 03/29/2013 page6)
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