China’s art market is now worth 20 per cent of the global total, benefitting Chinese artists such as Ji Xin, whose 2021 oil painting White Cat was displayed at Art Basel Hong Kong. Photo: Hive Center for Contemporary Art
China’s art market is now worth 20 per cent of the global total, benefitting Chinese artists such as Ji Xin, whose 2021 oil painting White Cat was displayed at Art Basel Hong Kong. Photo: Hive Center for Contemporary Art
Art Basel

When will China’s art market become the biggest in the world again? As Art Basel Hong Kong 2021 kicks off, only the US is worth more

  • In 2000, China accounted for less than one per cent of the global art market – now it makes up a full one-fifth, according to the Global Art Market Report
  • Hong Kong’s Pace Gallery and Galerie du Monde are helping create a dialogue between Eastern and Western styles and sensibilities – and artists and buyers

China’s art market is now worth 20 per cent of the global total, benefitting Chinese artists such as Ji Xin, whose 2021 oil painting White Cat was displayed at Art Basel Hong Kong. Photo: Hive Center for Contemporary Art
China’s art market is now worth 20 per cent of the global total, benefitting Chinese artists such as Ji Xin, whose 2021 oil painting White Cat was displayed at Art Basel Hong Kong. Photo: Hive Center for Contemporary Art
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