Liu Yiqian, a mainland Chinese collector and co-founder of Shanghai’s Long Museum, bought Amedeo Modigliani’s Reclining Nude for US$170.4 million last year. Photo: SCMP Pictures

Auction houses place bets on Chinese buyers picking up Impressionist and modern art in 2016

Christie’s and Sotheby’s confident about market, predicting mainland collectors will shift tastes from Asian art to Western trophy pieces

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Liu Yiqian, a mainland Chinese collector and co-founder of Shanghai’s Long Museum, bought Amedeo Modigliani’s Reclining Nude for US$170.4 million last year. Photo: SCMP Pictures
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