Investing in Chinese porcelain & works of art can be very profitable, but be sure to know what you are buying is of good quality – and genuine! There is a lot of fake Chinese antiques on the market.
The entire global market for Chinese artworks totaled US$8.5 billion in 2013, some 28% of the value of total sales of art and antiques auctioned around the world, with mainland China accounting for 70% of the total.
Within this sector, the highest average prices were found in older period pieces, reflecting a strong cultural focus in China, as well as limited supply.
The wealth, limited supply, and economic dynamics within China all point to a solid outlook for long-term growth in the Chinese art & antiques market.
The chart below shows the distribution of fine art auction sales revenue worldwide in 2016 by country.