The global auction market has long been dominated by Sotheby’s and Christie’s, but China Guardian and Poly Auction are catching up.
A preview of an October 2017 Poly Auction exhibition. Credit: SCHENG ahIM, Creative Commons
The world’s auction houses often serve as a mirror for confidence among the wealthy — rising and falling with the markets. Although international auction houses couldn’t operate independently in mainland China until 2013, the country has quickly emerged as a major force in the global auction market.
This week, The Wire introduces you to China's two biggest auction houses and examines the global art auction market.
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Christie’s is the world's biggest auction hous
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