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The Potential Dark Side of China's Art and Antiquities Boom

The Potential Dark Side of China's Art and Antiquities Boom | Art Markets | Scoop.it
China has come to dominate the art and antiquities market. Now it must take up the burden of protecting these treasures.
ille's insight:
The crisis in the Middle East and the use of antiquities trafficking by violent extremist organizations to fund their terrorism has led to a proliferation of conflict antiquities on the market. Demand countries such as the United States and Europe have taken steps to close their markets to these conflict antiquities. Given the rapidly growing demand of the Chinese market for antiquities, increasingly including those from the Middle East, China could become a major source of terrorist financing if strict standards for acquisition are not upheld. State-owned auction houses such as Poly International, the world’s third largest auction house after Sotheby’s and Christie’s, must guarantee a world-class verification process to ensure the legitimacy of the antiquities that they are selling, particularly those coming from countries in conflict. Poly International is a division of the Poly Group Corporation, one of the world’s largest arms traders. The corporation has a history of past transgressions, having been recently sanctioned by the United States for illegal arms shipments in violation of the Iran, North Korea, and Syria Nonproliferation Act.
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Meet Taikang: The Chinese Insurance Giant That Just Bought a Big Chunk of Sotheby’s

Meet Taikang: The Chinese Insurance Giant That Just Bought a Big Chunk of Sotheby’s | Art Markets | Scoop.it
The 13.5% stake purchase in Sotheby’s by Chen Dongsheng’s Taikang Life Insurance extends a lifelong passion for Mr. Chen, founder of China’s first auction house.
ille's insight:
Dongsheng is a powerful figure in China. Mao Zedong’s son-in-law is heavily involved in the Chinese art scene and is also the president of China Guardian auction house, which he hopes to develop.
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Qatar Gets a New Locally Focused Auction House

Qatar Gets a New Locally Focused Auction House | Art Markets | Scoop.it
The Qatari royal family who made a public plea in the Financial Times to Francois Pinault several years ago to sell them Christie’s has decided to go an entirely different route. They’r…
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Why is the art market like a carousel?

Why is the art market like a carousel? | Art Markets | Scoop.it
The Art Newspaper is the journal of record for the visual arts world, covering international news and events. Based in London and New York, the English-language publication is part of a network of titles founded by Umberto Allemandi with editions in Italian, French, Russian, Chinese and Greek.
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Velthuis on emerging art markets (4 stages)

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Japanese Women Artists before and after World War II, 1930s-1950s | Asia Art Archive

Japanese Women Artists before and after World War II, 1930s-1950s | Asia Art Archive | Art Markets | Scoop.it
11/F Hollywood Centre, 233 Hollywood Road, Sheung Wan, Hong Kong. Tel: +852 2815 1112 Fax: +852 2815 0032
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Japan: Galleries - commercial and non-commercial; Art Market

Information system on the arts of Japan: commercial and non-commercial, virtual galleries, information on the art market. Universes in Universe - Worlds of Art
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Japan’s art decade: 10 years of Mori Art Museum – picture feast | Art Radar Asia

Japan’s art decade: 10 years of Mori Art Museum – picture feast | Art Radar Asia | Art Markets | Scoop.it
artradarjournal - Just another WordPress site
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Art Radar’s 17 most-searched Asian contemporary artists, January to June 2012 | Art Radar Asia

Art Radar’s 17 most-searched Asian contemporary artists, January to June 2012 | Art Radar Asia | Art Markets | Scoop.it
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Qatar’s oil boom created the world’s most extravagant art scene—and also led to its demise

Qatar’s oil boom created the world’s most extravagant art scene—and also led to its demise | Art Markets | Scoop.it
Damien Hirst, Jeff Koons, and Naomi Campbell made their way through the VIP crowd, past the fleet of Bentleys, and toward the waiting helicopter. Hirst—the English artist best known for his multi-million dollar sculpture of a shark floating in formaldehyde—was in town on official business. Qatar Museums (QM) had ponied up over $20 millio
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Qatar would like to be one of the world’s leading arts destinations—but can that ever be achieved without freedom of expression?

Qatar would like to be one of the world’s leading arts destinations—but can that ever be achieved without freedom of expression? | Art Markets | Scoop.it
The Art Newspaper is the journal of record for the visual arts world, covering international news and events. Based in London and New York, the English-language publication is part of a network of titles founded by Umberto Allemandi with editions in Italian, French, Russian, Chinese and Greek.
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Study: U.S. Millennials Prefer Instagram to Museums; Purchase & Discover Art Online | Invaluable Press Room

BOSTON--(BUSINESS WIRE)--With U.S. consumers spending more than $150B on arts and entertainment in recent years, new data released today by Invaluable -- the world’s leading online marketplace for fine art, antiques and collectibles -- examines how consumer attitudes and preferences toward art will impact behavior for future generations.
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A report on how millennials purchase and discover art:

With Millennials spending more than 30 hours a month on social media sites, survey findings show social media channels, such as Instagram and Pinterest, are the preferred art discovery tool among Millennials. Nearly half (44.3%) of young Millennials age 18-24 and 33.8 percent of older Millennials age 25-34 indicate they discover new art through social media channels, compared to the largest percentage of Baby Boomers age 65+ (29.5%) who prefer a more traditional discovery path by finding new art through museums.
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How Has the 200 Top Collectors List Changed Over the Past 25 Years? | ARTnews

How Has the 200 Top Collectors List Changed Over the Past 25 Years? | ARTnews | Art Markets | Scoop.it
A look at shifts in where buyers are from, and what they acquire
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More than Murakami

More than Murakami | Art Markets | Scoop.it
ON NOVEMBER 8th Christie's in New York sold the art collection of Peter Norton, a software entrepreneur. Top billing went to Takashi Murakami's "DOB in the Strange...
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What is Superflat art? Art Radar explains | Art Radar Asia

What is Superflat art? Art Radar explains | Art Radar Asia | Art Markets | Scoop.it
artradarjournal - Just another WordPress site
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Asia’s “Art Cities of the Future”: Where are the region’s emerging art hubs? | Art Radar Asia

Asia’s “Art Cities of the Future”: Where are the region’s emerging art hubs? | Art Radar Asia | Art Markets | Scoop.it
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