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CHINESE ART FUNDS ON A RISKY ROAD TO MATURITY
2012-07-25

THE ART NEWSPAPER:A glut of investment products has mirrored the rise of the Chinese art market, but caution is advised. By Katie Hunt. Market,The Tianjin Cultural Artwork Exchange had to stop trading in 2011 due to fears of inflated prices. The strength of the Chinese art market, the world’s leading economy for art and antiques, has spawned a parallel boom in art funds and other art-investment vehicles worth more than Rmb5.77bn ($900m), according to the Chinese-language publication Eastmoney. There are billions more held in art-related products offered by investment trusts and art exchanges that enable people to buy and sell shares in individual works. Read more




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