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When Christie’s Auction House first entered the secondary art market of mainland China in 2005, it licensed its brand to a local auction house and received a total of RMB 97,000,000.
China's art market large growth trajectory in two decades traced to regulatory environment the Negative List for Foreign Investment allows foreign direct investment in the art industry except antiques-related businesses, the threshold of an auction license has been lowered
China’s Supreme People’s Court issued the Judicial Interpretation JI of Anti-Unfair Competition Law UCL, which will go into effect March 20, 2022. The Anti-Unfair Competition Law has been used effectively by foreigners in trademark and trade dress cases.