China is now the world's largest art & antiques market
China overtook the United States as the world's biggest market for art and antiques last year, according to the report “International Art Market in 2011,” released by the European Fine Art Foundation. China's share of the global art market rose from 23% in 2010 to 30% last year, pushing the United States to second place with a share of 29%, the report said.
China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?
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