Friday, November 4, 2011

Chinese Flocking To London To Buy Chinese Art

From 3 November 2011 to 12 November 2011 is Asian Art In London week. This yearly event is drawing crowds of Chinese eager to buy up their lost heritage, something they cannot do Mao's time in China. With newly created wealth they are pricing out many Western collectors of Asian art who are now becoming sellers.

One of the reasons for the change is the mood of patriotism in the Chinese to bring back all the treasures lost to foreigners in the last days of the Empire.

But the people making the most money from these are the British auctions houses and art dealers, like Christies, Bonham, Sothebys and the many dealers in London with art from the Qianlong period fetching millions of dollars.

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