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APR 24, 2013 - Forbes

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China Brings Down Global Art Market In Q1 But U.S. And Europe Feed The Bulls

The art market took a hit in the first quarter as sales volume fell 7% compared to 2012, according to market intelligence firm and auction platform artnet.  The major problem was the Chinese market where there was a 50% decline in value sold in the first three months of the year, yet there’s light at the end of the tunnel.

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