This analysis of David Zwirner's effect on the Asian collector base is available to AMMpro subscribers. The first month's subscription is free. Subscribers are welcome to join for the first month and cancel before they are billed.
In the wake of Leo Xu's decision to join David Zwirner's gallery in Hong Kong, there seems to be the knee-jerk assumption that Zwirner's move will have an impact on the sale of Contemporary Chinese art, as evidenced by this quote in Artsy's report on the move:
- “The influx of Western art will almost inevitably direct money away from Chinese artists,” said Josef Ng, the managing director for Asia at Pearl Lam Galleries. But he hopes that eventually, increased education and exposure will lead Chinese collectors to look back to artists from their homeland for “something new, something different and something more from this locale.”
In and of itself, Xu's move should actually have the opposite effect.
Sign up to Art Market Monitor Premium today
You need a membership to AMMpro to view this article and other exclusive content daily.
You can register today for $90 per month—with your first month free!—or for $756 per year (no free trial period.)
If you already have an account, sign in here: