Asia Pacific’s Art Market Comes Of Age

‘Unnoticed by the west,’ writes the Guardian, ‘the Asia-Pacific region has developed several artistic centres and is now determined to assert its own tastes and preferences, with no regard for what some would call western diktats. Collectors are broadening their spectrums to Asian cities and artists like Japan’s Yayoi Kusama (pictured). This awakening of contemporary art in Asia is backed by abundant regional cash. According to a 2012 study by consultants Capgemini, there are more millionaires in Asia than in the United States. To lure them to the cause of art, quality art fairs have burgeoned since 2007.’

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