Transformation of the Chinese Art Market (1949–2019) Cover Image

Przemiany na chińskim rynku sztuki w latach 1949–2019
Transformation of the Chinese Art Market (1949–2019)

Author(s): Zuzanna Kamykowska
Subject(s): Politics / Political Sciences, Fine Arts / Performing Arts
Published by: Wydawnictwo Adam Marszałek
Keywords: Chinese Art Market; Chinese Art; Art Market; Value of Art; Auction Houses

Summary/Abstract: Over the past 70 years, the art market in China has achieved remarkable growth. This rapiddevelopment has brought China to the spotlight of the international art world. Initially,state-owned antique stores played a key role in acquiring works of art. It wasn’t until the1980s that professional art galleries began to be opened, and the first auction houses didnot appear until the early 1990s. The two largest auction houses: China Guardian (foundedin 1993) and Poly Auctions (founded in 2005) occupy the third and fourth place in size ofauction houses after Christie and Sotheby’s. Currently, Chinese art market has become thesecond largest in the world. Chinese paintings and works of art are the dominant sellingcategory, and the largest group of buyers are Chinese collectors who perceive art as a way tolocate their capital in the country. Due to the active acquisitions of artworks in both domesticand international art markets, Chinese art collectors have gained worldwide attention.

  • Issue Year: 27/2020
  • Issue No: 4
  • Page Range: 117-131
  • Page Count: 15
  • Language: Polish