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The collecting market is growing, but 2012 saw a decline

The Chinese have always been collectors, and over the past 10 years, this fervor to collect has grown dramatically particularly in the area of art, both Chinese and International. According to the annual report published by the Ministry of Culture, the overall size of the art market in China in 2011 totaled 210.8 billion RMB, ranking it the largest in the world with an annual growth rate of 24%…

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