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Chinese Contemporary Art The Art Market Juggernaut

Chinese contemporary art has taken the art world by storm. Over the past decade, the market for Chinese contemporary art experienced enormous growth and is the most sought-after form of contemporary art in the world. In 2010, China had a Fine Art annual revenue total of $3 billion in contemporary art sales, making it number one in the world. 

A well planned investment into Chinese contemporary art is a safe one at the moment and the market shows no weakness ahead.The market for Chinese contemporary art is extremely strong in many art communities all over the world, especially in London. There are entire contemporary art galleries in London whose primary focus is Asian art, such as Michael Goedhuis Ltd, and the Hai Gallery.

Chinese contemporary art is faithfully known to sell out at whatever auction is taking place in London. Some of this fine contemporary art is sold for tens of millions of dollars. Artists like Yeu Minjun, Cai Guoquiang and Ai Weiwei sell their art for millions of dollars all over the world and are among the most successful artists in the industry today. Their works are some of the most expensive contemporary art for sale today. Many art collectors will even keep multiple works of Chinese contemporary art. Businessman and Chinese contemporary art collector Uli Sigg, owns between 2,500 to 3,000 works of Chinese contemporary art. 

The return of investment in the Chinese contemporary art market is remarkable and not only does it show no signs of slowing down, it's actually still growing. Experts are forecasting the market to keep growing for the next six months and some are predicting growth for the next ten years

The Experts at have extensive knowledge in the Chinese contemporary art market and can recommend contemporary art galleries in order to find the perfect investment in one of the hottest markets on the planet today.

Contemporary art investment in 2018 with Compare The Financial Markets

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Contemporary/Modern Art

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