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":"b181ad2698f06934bc28b4e77f95d6aa","s":"a32264ee0c42faaf"}
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