THE ART MARKET 2018

The Art Market 2018: Global art market up 12% to USD 63.7 billion, after two years of decline, with mixed performances across sectors Art Basel and UBS today published the second edition of the Art Basel and UBS Global Art Market Report. Written by renowned cultural economist Dr Clare McAndrew, Founder of Arts Economics, The Art Market 2018 presents the results of a comprehensive and macro-level analysis of the global art market in 2017. Last year, the global art market grew by 12%, reaching an estimated USD 63.7 billion, with the United States retaining its position as the largest market…

Galleries you need to explore during an Art Basel Hong Kong

TANG CONTEMPORARY ART 10/F, H Queen’s, 80 Queen’s Road Central, Hong Kong https://www.tangcontemporary.com/ PARA SITE ART SPACE Set up in 1996 and for many years the city’s only name in contemporary art, Para Site is still a proud voice in Hong Kong’s independent art scene. • 22/F, Wing Wah Industrial Building, 677 King’s Road, Quarry Bay http://www.para-site.org.hk/ GALLERY EXIT Opened in 2008 to provide an exhibition space for emerging Hong Kong artists, with an emphasis on edgy, conceptual art. • 3/F, 25 Hing Wo Street, Tin Wan, Hong Kong http://www.galleryexit.com/ M+ PAVILION The first completed portion of the West Kowloon…