World Record: $32.4 million for a Qing Dynasty Vase

HONG KONG (REUTERS).- A Chinese Qing dynasty vase sold for HK$253 million (20.2 million pounds) in a Sotheby’s sale in Hong Kong on Thursday, a world record at auction for any Chinese porcelain. “This is definitely a milestone,” Nicolas Chow, the Deputy Chairman of Sotheby’s Asia told Reuters. “Chinese works of art took their place on the world auction stage today.” While segments of the Chinese art market cooled substantially during the financial crisis, especially once white-hot Chinese contemporary art, [...]