Sunday 23 September 2012

Sotheby's Become First Auction House to Enter Chinese Market

One of the world's largest auction house, Sotheby's announced that it has signed a joint venture with a Chinese state owned company, making it the first international fine art auction house to operate in the country. The deal with Beijing GeHua Art Company, which is subject to government approval, will give Sotheby's a foothold in China where foreign auction houses are normally prevented from operating by law. Sotheby's opted for the creation of a joint ...

via Medindia Health News More READ

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