Now, it has offices in Shanghai, Japan, Taiwan and the U.S. It’s likely that the house will also enlarge its fine art inventory as it competes with other global auction companies.īeijing Poly International Auction is China’s largest and strongest state-holding auction company, having overtaken China Guardian shortly after its establishment in 2005. Even more impressive was 2013’s $5.86 billion in sales.Ĭhina Guardian is now seeking to attract more art collectors, museums, and dealers around the world with its large selection of exquisite Asian art. (China Guardian’s website features recently sold items, grouped by lot.) In 2012, the $6 million sale of Qi Baishi’s Album of Mountains and Rivers captured international attention and intensified the house’s prestige. The rest of the inventory comprises mostly coins, rare manuscripts, and watches. It sells Chinese oil paintings, sculptures and calligraphy, as well as Asian furniture and decorative arts: porcelain, jade, silk screens. Indeed, the house’s largest category is exclusive Asian art. From then until the mid-2000's, Guardian led the Chinese art market. It was founded in 1993 by Wang Yannan, the daughter of former president of PRC Zhao Ziyang. China Guardian, Beijing is also the second largest auctioneer in its homeland. The luxury industry is growing in China, so it’s no surprise that the country is now home to the world’s fourth largest auction house.
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