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China Arts Auction

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Breaking Boundaries: The Global Art Market

The art market has never been hotter, prices are soaring. Last year, the Fine Art market boasted a 51 billion euro turnover, which is an increase of 7% from the previous year, and a new record since 2007’s 48 billion euro. These numbers, however, still reflect just a fraction of the market’s total turnover, as the lower segments determine the most important growth factor.