With Deadbeat Buyers Not Paying for Record Chinese Art Purchases, Auction Houses Begin Demanding Deposits

"Sotheby's recent eight-day Hong Kong auction earned a staggering $447 million for a vast array of Asian and Chinese art, as well as fine wines, watches, and jewels, but the rise of voracious Chinese buyers has not been free of setbacks. ..." [Read Full Article]


Published By: ARTINFO
On: 04/12/11
Website: http://www.artinfo.com/

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