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":"9de464ddc4e07d3231cfa21ebd0711ca","s":"af9106270e0b62f5"}
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