With $1 Eight Billion In Sales, Auctions Return To The Fair And Sober

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That shopping for energy was sufficient to attract Magnus Renfrew, who directed Hong Kong’s ART HK and Art Basel Hong Kong, to arrange Taipei Dangdai, an art truthful that brings worldwide galleries and art lovers to the island. The first two editions, in 2019 and 2020 , were well-received locally and earned the reward of visitors from overseas. According to a report published by the Ministry of Culture in 2019, art sales in Taiwan rose 14 percent, to $225.4 million, from the yr earlier than, with ninety seven % of the sales made domestically. And Taiwan’s enthusiastic native collectors have been the inspiration of the island’s market, mentioned Oliver Chang, chair of the Taiwan Art Gallery Association, which organizes art gala’s around the island, together with Art Taipei, the region’s oldest.

By Plato