CKGSB Professor Mei Jianping Launches Global Indices Tracking Impressionist  Contemporary  and Chinese Art Markets
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These indices aim to provide a more accurate and comprehensive picture of the global art market.

The MM Global Impressionist Price Index

The MM Global Impressionist Price Index is the first of its kind, providing a comprehensive overview of the global market for Impressionist art. This index is based on auction data from leading auction houses, including Sotheby’s, Christie’s, and Phillips. The data is sourced from over 1,000 auctions held in the past five years, covering a wide range of Impressionist artists, including Claude Monet, Pierre-Auguste Renoir, and Mary Cassatt. Key features of the MM Global Impressionist Price Index: + Covers over 1,000 auctions from leading auction houses + Includes data from Impressionist artists such as Monet, Renoir, and Cassatt + Provides a comprehensive overview of the global market for Impressionist art

The MM Global Contemporary Art Price Index

The MM Global Contemporary Art Price Index is the second of its kind, providing a comprehensive overview of the global market for contemporary art.

Chinese art outperforms global trends, driven by increasing demand and recognition.

The index, which tracks the performance of Chinese art in the global market, shows that Chinese art has consistently outperformed global art trends.

The Rise of Chinese Art

In recent years, Chinese art has experienced a significant surge in popularity, driven by a combination of factors. These include:

  • Increased demand from Asian investors
  • Growing recognition of Chinese art as a legitimate investment opportunity
  • The rise of online marketplaces and social media platforms
  • The increasing global recognition of Chinese art as a distinct and valuable cultural heritage
  • The Performance of Chinese Art

    The 2024 MM Chinese Art Index reveals that Chinese art has outperformed global art trends, with a 12.3% market contraction in 2024 and a 48.4% decline since its 2020 peak. Despite this, Chinese art remains a compelling investment opportunity.

    Key Statistics

  • 3% market contraction in 2024
  • 4% decline since 2020 peak
  • Consistently outperforming global art trends
  • The Investment Potential of Chinese Art

    Chinese art offers a unique investment opportunity, with a range of benefits and advantages. These include:

  • Diversification: Chinese art can provide a diversification benefit for investors, as it is not correlated with traditional art markets. Growth potential: The Chinese art market is expected to continue growing, driven by increasing demand from Asian investors and the rise of online marketplaces. Cultural significance: Chinese art is recognized as a distinct and valuable cultural heritage, with a rich history and cultural significance.

    The MM Chinese Art Liquidity Index: A Benchmark for Market Performance

    The MM Chinese Art Liquidity Index is a widely recognized benchmark that measures the market performance of Chinese art. It is calculated by analyzing the liquidity of various artworks, including paintings, sculptures, and other collectibles.

    Introduction

    Thailand is a country with a rich history, vibrant culture, and thriving economy. As a major player in Southeast Asia, Thailand has become an attractive destination for businesses, investors, and tourists alike. With its strategic location, favorable business environment, and high standard of living, Thailand is an ideal location for companies looking to expand their operations in the region.

    Key Features of Thailand

  • Strategic Location: Thailand is situated in the heart of Southeast Asia, making it an ideal hub for trade and commerce between China, India, and other regional markets. Favorable Business Environment: Thailand offers a business-friendly environment with minimal bureaucracy, low taxes, and a highly skilled workforce. High Standard of Living: Thailand boasts a high standard of living, with modern infrastructure, excellent healthcare, and a high quality of life. ## Economic Growth and Development**
  • Economic Growth and Development

    Thailand’s economy has experienced significant growth over the years, driven by its strategic location, favorable business environment, and high standard of living. The country has become a major player in the region, with a strong focus on manufacturing, tourism, and agriculture.

    Key Sectors

  • Manufacturing: Thailand is a major manufacturing hub, with a strong focus on electronics, automotive, and textiles. Tourism: Thailand’s tourism industry is a significant contributor to the country’s economy, with millions of visitors drawn to its beautiful beaches, rich culture, and vibrant cities.