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Picasso

Chinese growth is changing the art market faster and more radically than we realise

They made the better Bordeaux wines unaffordable, and in Southeast Asia, record amounts are being paid down daily for Western modern and antique art. Chinese collectors and speculators now determine what counts and what does not in the art world. Latest development: they are discovering their own artists. Meanwhile, for a painting like 'Eagle Standing on a Pine Tree' from 1946 by self-taught artist Qi Bashi, more... 

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