2 Answers

    1. The eastern market is designed for mass rapid sales now, and the western market is designed for sales as an investment that the next generation will make.
    2. The Eastern understanding is that what is sold is beautiful. Eastern philosophy does not consider the future, but the PRESENT. Western thinking is based on an understanding of vita brevis ars longa, so there the approach to choosing works that appear on the market is more analytical.
    3. In China, there is a policy of state support for “their local artists”, buying and bringing their works to world-famous auctions, this is possible due to the fact that China has large public savings. There is no such phenomenon in European and American culture.
  1. Good afternoon!

    These markets are no different. Art is a global sphere accessible to everyone. This is our simple human need (remember at least Maslow's pyramid).

    Today, styles and cultural codes are mixed, as people live in a single information field throughout the twentieth century, we exchange knowledge and skills, travel, and learn different languages. Artists also travel and study in different countries, mixing cultures and techniques on their canvases. Thus, the market, as a place of sale of art objects, is also one.

    There is a system of auctions and auction houses. They are very famous, world names, very old auction houses and younger ones. There is a regularity of bidding in different countries of the world.

    The measure of purchase is the relevance of a work of art from the point of view of concept and technique. And, because, I repeat, the world today is diffuse and artists and viewers live all over the world… So we get a single market system from a given number of modern authors.

    I hope my answer was useful to you!

    I also invite you to read my articles on contemporary art:


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