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":"00c1a20165f5ecde8ea671fcf2d376a8","s":"7cae07866ab19a1c"}
Share your thoughts. Click here