[Feature] Korea rises as Asian art hub on back of purchasing power, favorable biz climate
May 25, 2021
Korea has recently emerged as an attractive art market on the back of purchasing power of younger collectors, grabbing increasing attention from the world. Globally renowned galleries are opening galleries in Seoul or expanding their presence in the city. Frieze, a major international art fair, recently announced it will hold the first Frieze Seoul next fall, putting the city on the global market map. Seoul will be the first Asian city to host the fair. Pace Gallery, the US-headquartered co