Pablo Picasso’s Women of Algiers (Version O) sold for nearly $179 million in New York in May, setting a world record for artwork at auction. Photo: AP Pablo Picasso’s Women of Algiers (Version O) sold for nearly $179 million in New York in May, setting a world record for artwork at auction. Photo: AP
Pablo Picasso’s Women of Algiers (Version O) sold for nearly $179 million in New York in May, setting a world record for artwork at auction. Photo: AP

US unseats China as the world’s biggest art market after US$2.8 billion was spent at auctions this year

Anti-corruption measures on mainland have reportedly made investors more wary

Pablo Picasso’s Women of Algiers (Version O) sold for nearly $179 million in New York in May, setting a world record for artwork at auction. Photo: AP Pablo Picasso’s Women of Algiers (Version O) sold for nearly $179 million in New York in May, setting a world record for artwork at auction. Photo: AP
Pablo Picasso’s Women of Algiers (Version O) sold for nearly $179 million in New York in May, setting a world record for artwork at auction. Photo: AP
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