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 David Barboza, Pulitzer Prize-winning former Shanghai correspondent for The New York Times.
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.
Confidential documents show that Xiao Jianhua, a corrupt investor tied to China’s political elite, backed the country’s most successful and revered entrepreneur.
The Chinese politics expert discusses how Xi Jinping’s anti-corruption drive upset the Party’s equilibrium and signs of splintering within the leader’s ruling faction.
Navigate China's Business Landscape with Confidence.
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.OkPrivacy policy