Daily Archives: April 29, 2009

Western Art Goes To Beijing As More Chinese Art Goes West

“Art Relations” Between The Two Countries Increase, With Contemporary Chinese Art And Modern British Art Exchanges

ArtInfo posts today on efforts by the UK and Chinese governments to increase their artistic exchanges in coming years, as part of broader efforts to take a “wider approach to building understanding between the two countries.” While we have seen particular interest in the UK and other western countries in Chinese contemporary art in the last 30 years, and in Chinese antiquities and traditional arts for several hundred years, large-scale exhibitions of western masters are still relatively scarce in China. The exhibition of a number of works by J.M.W. Turner, which opened earlier this month in Beijing, is essentially an experiment by the British government on whether there is a sizeable audience for British art in China, whether funding can be gathered, and whether China and the UK can cooperatively build a cultural bridge that will increase exchanges of all kinds between the two in coming years.

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Will Chinese Consumers Rescue The World Economy?

Multinationals Hope Domestic Consumption, Inland Movement Will Counterbalance Drop In Exports

The world's target market

The world's target market

CNN reports today on the hopes of many western investors and CEOs for the rise of the Chinese consumer to help lift up the sluggish global economy. With slowly-increasing consumption rates in a country still highly populated by savers rather than spenders, redoubled efforts by western and Japanese companies to retain and expand their customer base shows that they understand that the Chinese market — with its vast potential but cut-throat competition — is critical for their global strategy.

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