British auction house sued two Chinese buyers reco

Lundun Su-rich than the auction house has two Chinese mainland in Hong Kong buyers sue to recover 2.1 million dollar non-payment . Allegedly ,mercurial vapor superfly, the two buyers has not yet won the bid to them in October last year, the five pieces of Chinese paintings and an antique incense burner payment.

According to the British Of 130 million went for five Chinese ink painting, but then refused to pay. In addition,chaussure foot nike, Sotheby's also Lingan against a bidder from Beijing , who in a fall in the Sotheby's auction of 80 million went for an 18th -century incense burner , also allegedly not paid .

reported that they came from new markets such as mainland China is not a wealth of experience to buyers on the international auction rules are not familiar with how to handle the relationship with these buyers into the challenges facing the auction . Sotheby's lawsuit against two Chinese buyers of events , which underscored the challenge facing the bank .

According to reports , in 2006, Sotheby's in Hong Kong for the first time in 10 years the bank reminders litigation. At that time, the auction house against a Chinese buyers ,mercurial vapor, the recovery of 1.9 million Hong Kong dollars. Two years ago, Sotheby's has also sued a Chinese collector, its 6.8 million dollar recovery .

learned , with the rapid growth of Chinese economy in recent years , many Chinese people to invest their wealth in overseas markets , from real estate to buy wine have become the object , the international auction more and more Chinese buyers appeared on the scene. Sotheby's said the buyer 's business volume with China in the past three to four years , .