The Influential Trio Of Hong Kong, Shenzhen, And Guangzhou Roar To Life For Events Like The Guangzhou Triennial
ART HK 09 takes place from May 14-17
Art collectors and lovers are looking to Hong Kong to become Greater China’s devoted art epicenter. The region’s already-enacted duty law reforms, smooth business culture, and unique blend of Asian and Western culture have made it, and continue to make it, the world’s meeting ground. In the arts, this is no exception. Taking place in the heart of China’s wealth factory, the Pearl River Delta of Hong Kong, Shenzhen and Guangzhou — where the Mainland’s first experiments with capitalism took place in the late 1970s — annual events like the Guangzhou Biennial and the upcoming Hong Kong Art Fair (ART HK 09) are big draws for China’s emerging art consumer, the wealthy, investment-savvy “New Chinese Collector.”
Posted in Art, Business, China, Chinese Art, Culture, Economy, Investment, Museums
Tagged Art, asia, China, contemporary art, deng xiaoping, financial times, greater china, guangzhou, guangzhou biennial, hong kong, Investment, pearl river delta, shenzhen, wealth, western
The Young Generation To Reject Frugality, Major Metropolitan Areas for Free-Spending Decadence?
Shoppers in Shanghai: Can We Expect Similar Scenes in China's Interior Soon?
While I’m iffy about Forbes’ China reporting, which tends to rival the Wall Street Journal’s for selective fact-finding and conjecture, I found this article on China’s young generation to be pretty interesting. While it is well-established that the under-30 crowd in China — who grew up in the post-Deng Xiaoping capitalist era and, as such, has no recollection of or interest in the staid, poverty-stricken Maoist period — is the polar opposite of their parents’ generation, not so much attention has been paid to their spending habits and rejection of traditional Chinese financial characteristics.
Posted in Business, China, Culture, Economy, Fashion, Luxury
Tagged China, chinese, consumer, demographics, deng xiaoping, kaifang, Luxury, mao zedong, marketing, shopping