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.
Who’s Who
Christie’s is the world's biggest auction hous
Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else.
A weekly curated reading list on China from Andrew Peaple.
A daily roundup of China finance, business and economics headlines.
We offer discounts for groups, institutions and students. Go to our Subscriptions page for details.
Concrete outcomes are hard to discern, but Xi Jinping will see the treatment he received from Trump as a sign that China is now a peer of the United States.
Corporate Risk Intelligence for National Security, Compliance & Due Diligence
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.
