TEFAF has announced that it has entered into exclusive discussions with Sotheby’s to explore the possibilities of developing a high-end art fair for China, via Sotheby’s Joint Venture in Beijing with GeHua in 2014. “TEFAF Beijing 2014” would represent a ground-breaking collaboration between a leading international auction house and the world’s most important art and antiques fair.

Ben Janssens, Chairman of TEFAF’s Executive Committee, said: “It has always been TEFAF Maastricht’s aim to be responsive to global trends in the art market. We feel now is the time to further develop our presence in China, one of the most important art markets.   As TEFAF has in recent years made great efforts to explore the market in China, we are excited to have agreed with Sotheby’s exclusively to explore the possibilities of a partnership with Sotheby’s Joint Venture to establish “TEFAF Beijing”. TEFAF is committed to contribute to the further growth of the market for European Art in China by facilitating a high end art market platform for Chinese collectors and international art dealers.”