Tag Archives: cao fei

Two Corners of the Globe, Two Chinese Art Exhibitions

Boston’s “Mahjong” Exhibition and Brisbane’s “China Project” Showcase Chinese Contemporary Art

Included in the Mahjong exhibition: Liu Xiaodong, "Eating", 2000

Included in the Mahjong exhibition: Liu Xiaodong, "Eating", 2000

Two simultaneous exhibitions of Chinese Contemporary Art are bringing artwork from dozens of top Chinese artists to crowds in Boston and Brisbane, showing off the respectable collections of Uli Sigg (Boston show) and Nicholas Jose and Claire Roberts (Brisbane). The Boston Globe writes that the important works from Sigg’s extensive and exhaustive collection have provided guests with a great introduction to China’s thriving art world:

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Louis Vuitton Meets Art In Hong Kong – The Trend Continues

Hong Kong Becoming The Meeting Place For Art And Luxury

Louis Vuitton x Stephen Sprouse

Louis Vuitton x Stephen Sprouse

In the ongoing economic downturn, major luxury companies are getting more creative in their branding and marketing approaches, even in luxury-happy East Asia. With luxury sales projected to see their first recession in recent memory this year, with some figures expecting a decline of 7% in 2009, luxury companies are looking to emerging markets like China and India, which have vast consumer bases and plenty of newly-monied potential buyers who, unlike many of their counterparts in the developed world, are new to the luxury market and still willing and eager to part with cash. As Guo Zuli, director of the World Luxury Research Center, said in a recent interview, Chinese buyers are still very new to luxury products — therefore, they are not expected to display the same level of “luxury fatigue” of western or Japanese buyers in 2009. Luxury marketers see that potential already, and if they’re smart they will turn their attention to growing this revenue stream as western demand falters — since western demand will stay relatively weak in the near and possibly the long term.

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