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ASIA-ART/INVESTING
RTR2VE36
December 18, 2011
Sotheby's Asia Deputy Chairman Nicolas Chow poses with the "Famille rose peach box and cover" at a preview...
Hong Kong, China
To match Feature ASIA-ART/INVESTING
Sotheby's Asia Deputy Chairman Nicolas Chow poses with the "Famille rose peach box and cover" at a preview by auction house Sotheby's in Hong Kong February 25, 2011. Despite giddy Chinese art prices showing some strain from global economic uncertainty, collectors think value will continue to rise due to limited supply and continued strong demand as Asian collectors become more affluent. Hong Kong has played a key role in Asia's art market boom. Its auction market turnover -- anchored by Sotheby's and Christie's -- skyrocketed 300 percent from 2009 to 2010, powered by a wave of Chinese millionaires buying art with avid fervour. Picture taken February 25, 2011 To match Feature ASIA-ART/INVESTING REUTERS/Tyrone Siu (CHINA - Tags: SOCIETY)
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