CLEAN : Western masterpieces offered up to Chinese

The video discusses the growing interest of mainland Chinese collectors in Western art, noting a 500% increase in purchases over the last five years. Chinese buyers are diversifying their collections beyond traditional Chinese art to include Western masters, English and European furniture, and sculptures. The video highlights the expansion of auctions in China and the increasing participation of local buyers in the global art market.

What is the significance of the interest in modern and contemporary oil paintings among collectors?

In what ways are local buyers being encouraged to participate in art transactions?