Daily Archives: May 23, 2009

ChinaLuxCultureBiz On Artnet

logo_headerThe German edition of Artnet posted an article discussing our blog entry, “The Rising RMB And You: What Does It Mean For Art Collectors?

Check it out here (article is in German).

artnet

Buying Opportunities in Contemporary Chinese Art: It’s Now in the East!

From Individual Collectors To Hedge Funds, Asset Allocation Is The Name Of The Game

Sui Jianguo's "Legacy Mantle" (2005) is expected to pull in $77,768 - $129,613 at Christie's upcoming HK auction

Sui Jianguo's "Legacy Mantle" (2005) is up for auction in Hong Kong this week

We have written several times about contemporary art’s value as a hedge against inflation, and discussed several contemporary Chinese artists whose work is increasingly being purchased by everyone from individual Chinese “New Collectors” to major world museums like MOMA and the Getty. Since there are a number of large-scale auctions scheduled this summer, from auction houses from Sotheby’s and Christie’s to their emerging counterparts China Guardian and Poly from China, Korea’s Ravenel, and Indonesia’s Borobudur, what should those interested parties know about what’s out there in Chinese art?

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Beijing’s Almost-Perfect Hotel: The Opposite House

Beijing’s Opposite House Luxury Hotel Brings Top-End Accommodations To New Sanlitun Village Development

Beijing's Opposite House luxury hotel is unlike any other in China's capital city

Beijing's Opposite House luxury hotel is unlike any other in China's capital city

Over the last few years, fevered demolition and construction has transformed Beijing’s popular Sanlitun bar district, home to dozens of restaurants, bars, and shops. Where the area once served as a magnet for locals and foreigners looking for cheap drinks and bootleg DVDs, the new “Village at Sanlitun” complex — which includes a new mall and several high-end restaurants and stores — has given Sanlitun a fresh look and international cosmopolitan appeal. Recently, the area’s newest boutique luxury hotel, the Opposite House, has garnered rave reviews in the press, both for its bold exterior and interior design as well as its near-perfection — something that James Fallows notes is hard to find in Chinese hotels, many of which focus more on projecting a modern and impressive image than putting attention to detail.

As Fallows writes, The Opposite House is a huge step in the right direction for Chinese hoteliers:

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