Jose Sanchez
Research expert covering society, economy, & politics for Latin America
Art market in China - statistics & facts
China is one of the world's most important art hotspots. Thanks to the rapid development of the country's economy over the past few decades, fine art and antiques have also become popular means of investment among its population. Globally, China's art market has been second only to those of the United States and the United Kingdom, accounting for nearly one-fifth of the world's art market share in 2021. Prices for the finest examples of ancient Chinese painting, calligraphy, and antiques have long been very high, while modern works by renowned living artists can also be highly sought after.
