Beijing’s leading auction house China Guardian just wrapped up their 22nd edition of quarterly auctions: 2300 works of art sold (over three days) for $311 million. As Colin Gleadell notes in his roundup of market news, that puts China Guardian ahead of Western rivals Christie’s and Sotheby’s:

Beijing auctioneers China Guardian has thrown down the gauntlet to Sotheby’s and Christie’s highly successful Asian operations in Hong Kong with a $311 million series of art and antiques sales, placing them ahead of the Western auctioneers ($256 million and $293 million respectively) at the end of the spring auction series.

Art market news: Dealers at Art Basel sell fast (The Telegraph)