Chinese art market went into second place in the world

[SergeiSK]

Chinese art market has emerged in terms of second place in the world after the U.S., overtaking Britain. On it informs Bloomberg referring to the study of British Art Market Federation (British Art Market Federation)
Total sales of art works in galleries and at auctions in 2010 were for China 6 billion euros ( 8,3 billion dollars ). Thus, the share of China had to 23 percent the global art market.
The largest share - 34 percent - have on the world market the United States. Dropping to third place UK slightly inferior to China, owning 22 percent.
Chairman BAMF Anthony Browne (Anthony Browne) said that the study results should be "alert" the federation. In BAMF believe that reducing the intensity of trading on the territory of the United Kingdom, not least due to fiscal constraints imposed by the European Union with regard to living artists. In China and the U.S., these restrictions do not apply, said Browne.
From 2006 to 2010 the share of the UK on the global art market has decreased from 27 to 22 percent . Raising taxes on the sale of works by living artists was introduced EU namely in 2006.
(Lenta.Ru)