China Brings Down Global Art Market In Q1 But U.S. And Europe Feed The Bulls |
April 25, 2013 | April 2013 Bond Updates |
The art market took a hit in the first quarter as sales volume fell 7% compared to 2012, according to market intelligence firm and auction platform artnet. The major problem was the Chinese market where there was a 50% decline in value sold in the first three months of the year, yet there?s light at the end of the tunnel. |
View more at: http://www.forbes.com/sites/afontevecchia/2013/04/24/global-art-market-down-as-china-tanks-50-while-u-s-and-u-k-sales-improve/ |