dcsimg

More Chinese buyers investing in art

on Friday,December 03,2010 15:12

more+chinese+buyers+are+investing+in+art_2144_800271650_0_0_7069050_300.jpg

The art industry has rebounded since the 2008 recession as more collectors show signs that they are willing to invest in contemporary works. However, more pieces are being auctioned off to Chinese buyers, who appear to be interested in spending their new-found wealth on the arts.

Experts say that the Chinese are not only catching up in the world economic race through investing in real estate and technology, but art that is local to their country as well, NPR reports. A buyer from China recently paid $83 million at a London auction for a Qing dynasty vase, proving to the industry that more people from the Far East are willing to make the long-term investment in art.

"They are the next big wave of buyers, and they could affect the market as much as the Japanese did in the '80s," Vermillion Art Collections representative, Jehan Chu, told the news source.

Artist jobs are projected to increase by 12 percent over the next eight years, according to the U.S. Bureau of Labor Statistics.
Refine School Matches
Hide filters
  • SUBJECT Clear All

    See More

  • DEGREE

    See More

  • PROGRAM TYPE

  • START TIME

    LOCATION
    Please enter valid US or Canada Zip.
            Results open in new window

            Searching Searching ...

            Matching School Ads
            Master of Fine Arts: Graphic Design
            • Liberty University's online programs ranked in the top 5 of more than 2,100 online colleges and universities for academic quality, affordability, and accessibility*
            • 100% online programs at associate, bachelor’s, master’s, and doctoral level**
            • No standardized testing if you meet admission requirements
            • Transfer up to 90 credits into an undergraduate degree program
            • Up to 50% of your master’s degree can be transferred in to help you get the most out of your hard work and maximize the credit you previously earned
            Show more [+]
            • Accredited
            • Online Courses
            • Financial Aid
            • Transferable Credits
            Bachelor of Science, Animation & VFX
            • Located in Hollywood, CA, offering degrees in film, music production, business, animation and more.
            • Scholarship, financial aid and military benefits are available for students who qualify.
            • Programs taught by award-winning industry professionals in real-world working environments.
            • Features industry-standard facilities including recording studios, soundstages, green screen, movie theatres and more.
            • Accredited by the Accrediting Commission of Career Schools and Colleges (ACCSC).
            Show more [+]
            • Financial Aid
            Graphic Arts (AAS)

            The Secret to Getting Ahead is Getting Started

             

            Congratulations! Your interest in California College San Diego is an important first step toward changing your life. A career-focused degree is the key to a new career with a potentially higher income, better benefits, and more satisfaction.

            Graphic Design, Bachelor of Science (Online)
            • Full Sail University offers online degree programs that are designed for the world of entertainment, media, arts, and technology. Full Sail's approach is centered on real-world industry experience and creative problem solving.
            • Full Sail uses the experience and knowledge gained from more than three decades of educational innovation to create an unparalleled online education experience that challenges and inspires our students.
            • Learning at Full Sail has always centered around interaction and the exchange of ideas, and our online curriculum fully embraces this philosophy with the aim of being the most people-focused education experience on the web.
            • Through Full Sail’s multitude of online program offerings, students get: One-click access to instructors, Powerful collaborative tools, Interactive learning environments and Innovative curriculum.
            • Full Sail's newest program is the Dan Patrick School of Sportscasting. Developed in collaboration with sportscasting veteran Dan Patrick, the goal is to provide students with real world experience both behind and in fornt of the camera.
            Show more [+]
            • Online Courses

            Latest Articles & News

            Kanye West to perform during Paris Fashion Week
            It is no secret to many that music artist Kanye West is no stranger to fashion, and now he will be showing his new collection during Paris Fashion Week later this week, according to the Elle Magazine.

            Second designer chosen for home decor competition
            Teenlike.com, an ongoing online competition for young home decor designers, announced its second winner. Brandon Dover of Apply Valley, California, was this year's winner, as he created an abstract pen and inkwork design for a bedspread.