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2011-03-19 10:17:00

PARIS, March 19, 2011 /PRNewswire-FirstCall/ -- According to Thierry Ehrmann, founder and CEO of Artprice, world leader in art market information, "this unprecedented news represents a turning point in the history of the global art market: China is now the number 1 in terms of Fine art auction revenue." It took just three years for China to jump from third place (previously occupied by France) in 2007 to first place in 2010, ahead of the UK and the USA, the grand masters of the market since...


Word of the Day
donative
  • A gift; a largess; a gratuity; a present; a dole.
The word 'donative' comes from a Latin word meaning 'to give'.
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