Chinese slump dents global art market in 2012 - study

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By Mike Collett-White LONDON (Reuters) - Chinese spending on art and antiques shrank by nearly a quarter in 2012, ending a streak of spectacular growth that helped drive up global prices and made China the biggest player in the market by 2011, a report said on Thursday. The study, commissioned by the European Fine Art Foundation which organizes The European Fine Art Fair (TEFAF), estimated the ...

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