The art market’s primary marketplaces
After four consecutive years at the top, China has lost its leading position to the USA despite a 13% contraction in the latter’s Contemporary art turnover. In fact the two major powers together were down $419 million compared with the previous 12-month period, an amount greater than a full year’s Contemporary art turnover in the UK, which represents the global market’s 3rd largest marketplace.
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The art market’s primary marketplaces
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