{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-572d6a42.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-f4d0de30.css\" media=\"all\" /\u003e\n\u003cdiv data-title='Christie\u0026#39;s optimistic despite credit crunch affecting sales' data-url='/boclips/videos/5c54c3eed8eafeecae164fed' data-video-url='/boclips/videos/5c54c3eed8eafeecae164fed' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nChristie\u0026#39;s optimistic despite credit crunch affecting sales\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\u0026amp;search_tab_id=1\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003e26 Nov 2008 1. Wide of entrance to sale preview at Christie's auction house2. Wide of visitors looking at sale preview3. Wide of models standing by painting 4. Close up of photographers 5. Wide of painting6. Close up of painting1 Dec...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003e26 Nov 2008 \u003cbr/\u003e1. Wide of entrance to sale preview at Christie's auction house\u003cbr/\u003e2. Wide of visitors looking at sale preview\u003cbr/\u003e3. Wide of models standing by painting \u003cbr/\u003e4. Close up of photographers \u003cbr/\u003e5. Wide of painting\u003cbr/\u003e6. Close up of painting\u003cbr/\u003e1 Dec 2008\u003cbr/\u003e7. Wide pan of auction \u003cbr/\u003e8. Christie's staff taking phone bids\u003cbr/\u003e9. Various of screen showing bidding \u003cbr/\u003e10. Mid of auctioneer \u003cbr/\u003e11. Wide of president of Christie's in Asia, Andrew P. Foster, walking past paintings\u003cbr/\u003e12. SOUNDBITE: (English) Andrew P. Foster, president of Christie's in Asia: \u003cbr/\u003e\"I think in our evening sales that we had of contemporary and 20th century Chinese art, where there is real wonderful appreciation of that market and the appreciation has grown tremendously, and over the past five, six years the prices have sky-rocketed, that there's definitely been a pause in that price appreciation. And some of those very high end pieces had a difficult time the other night, on the other hand we have all sorts of works, many by some of the same artists at the middle price range that are doing very well today.\" \u003cbr/\u003e13. Wide of visitors looking at paintings \u003cbr/\u003e14. Close up of visitor \u003cbr/\u003eAsian art sales have been affected by the financial crisis, but optimism for the long term future of the sector remains, an official at a major international auction house said on Monday. \u003cbr/\u003ePresident of Christie's in Asia, Andrew P. Foster, said that some of the more expensive pieces in the Asian contemporary art evening sale on Sunday did not do as well as expected, but pieces in the middle price range however did \"very well\".\u003cbr/\u003eFoster said that after a rapid price surge of 20th century Chinese art in recent years, bidding prices for contemporary artwork have been dragged down amidst the global economic turmoil. \u003cbr/\u003eChristie's started its autumn sales in Hong Kong last Saturday, and some categories appear to be less affected by the economic crisis than others.\u003cbr/\u003eAt an auction of wine on 29 November, 12 bottles of rare vintage Ch�teau Latour 1961 were sold at a record-breaking 1.1 (m) million HK dollars (141,026 US dollars).\u003cbr/\u003e\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='action-container flex justify-between'\u003e\n\u003cbutton aria-expanded='false' aria-label='Read more description' class='rp-full-description' type='button'\u003e\n\u003ci class='fai 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Subjects\u003c/a\u003e\u003c/span\u003e\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eMedia Type\u003c/dt\u003e\u003cdd\u003e\u003cspan\u003e\u003ca href=\"/search?grade_ids%5B%5D=259\u0026amp;search_tab_id=2\u0026amp;type_ids%5B%5D=4543650\"\u003eNews Clips\u003c/a\u003e\u003c/span\u003e\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eSource:\u003c/dt\u003e\n\u003cdd\u003e\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eDate\u003c/dt\u003e\n\u003cdd\u003e2008\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003ci aria-hidden='true' class='fai fa-solid fa-language'\u003e\u003c/i\u003e\n\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eAudiences\u003c/dt\u003e\u003cdd\u003e\u003cspan\u003e\u003ca href=\"/search?audience_ids%5B%5D=371079\u0026amp;grade_ids%5B%5D=259\u0026amp;search_tab_id=1\"\u003eFor Teacher Use\u003c/a\u003e\u003c/span\u003e\u003c/dd\u003e\u003cdd class=\"text-muted\"\u003e\u003ci class=\"fa-solid fa-lock mr5\"\u003e\u003c/i\u003e2 more...\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv aria-labelledby='concepts-heading' class='rp-info-section'\u003e\n\u003ch2 class='title' id='concepts-heading'\u003eConcepts\u003c/h2\u003e\n\u003cdiv class='clearfix'\u003e\n\u003cdiv class='details-list concepts' data-identifier='Boclips::VideoDecorator' data-type='concepts'\u003easia, china, east asia, shopping, appreciation, economy, business, hong kong\u003c/div\u003e\n\u003cdiv class='concepts-toggle-buttons' 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