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Falling sales paint a bleak picture for China's art market

By Zhang Yuchen | China Daily | Updated: 2013-03-29 07:10

Falling sales paint a bleak picture for China's art market

Top: A woman examines a piece at Boundless: Contemporary Art in Hong Kong, Sotheby's first auction of Asian and Western contemporary art in Asia, in December. Li Peng / Xinhua Above left: Yayoi Kusama's work was one of lots at the auction, which raised HK$47.7 million. Li Peng / Xinhua Above right: A woman examines a painting by Qi Baishi at last year's Beijing Poly autumn auction. Provided to China Daily

Falling sales paint a bleak picture for China's art market

Lack of confidence leaves buyers and investors out of the frame, reports Zhang Yuchen in Beijing.

Falling sales paint a bleak picture for China's art market

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