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【Taiwan looks for ways to give its art market a boost】 [Copy link] 中文

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Post time 2013-7-31 12:12:03 |Display all floors
Taiwan is expecting to set up an auction house association by the end of the year, and is considering a law on the sale of antiques sometime this year to try to help its faltering art market, China Culture News reported on July 29.

Taiwan’s art market used to draw a great deal of interest from international auctioneers, especially after Sotheby and Christie's opened their first Asia branch there, in the 1990s. But, those good old days didn’t last long, because of problems with authentication, taxations, and legal restrictions, and the local market went into decline in the early 2000s. Two big companies abandoned Taiwan and shifted their attention to a rising market- the mainland.

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