VOICED : Sothebys gains new

The video discusses the significant growth of the Chinese art market over the past five years, highlighting its increased contribution to the Asia auction business. It describes a landmark auction event with global participation, culminating in a successful sale. The bidding process and final sale details are also covered, emphasizing the importance of the Chinese market.

What percentage of the Asia auction business did mainland China account for five years ago?

• 10-15%

• 4-5%

• 20-25%

• 30-40%

What was the final sale price of the artwork at the landmark auction?

• 1.4 million Roman

• 1 million Roman

• 500,000 Roman

• 2 million Roman

Which of the following best describes the significance of the auction event?

• It was a minor event with few bidders.

• It was a landmark event with global participation.

• It was a local event with limited impact.

• It was a routine auction with no special significance.

What was the opening bid for the sculpture from 2011, 2012?

• 1 million Roman

• 750,000 Roman

• 500,000 Roman

• 1.5 million Roman

Who was the final bidder mentioned in the auction process?

• Patrick

• John

• Michael

• David