SUBSCRIBERS
Asia's art market heats up anew
Christie's and Sotheby's are increasingly focused on China, but are barred by laws from selling antiques
Add BT as a preferred sourcePublished Fri, Oct 11, 2013 · 10:00 PM
Beijing
AUCTION houses have sold US$700 million worth of artwork in recent days in Hong Kong and set a series of world records, as Asia's art market heats up anew and competition mounts between Chinese and foreign firms.
Western giants Christie's and Sotheby's are increasingly focused on China, but barred from selling the hottest item - antiques - by laws aimed at protecting cultural heritage.
Share with us your feedback on BT's products and services
