1. Establishment and impact of globalization:the art fair, the internet, the auction house have contribute to a global market architecture,and this make a influence about the new wealth of buyers in emerging economies to contemporary art produced in the West, the influx of new multimillionaires from emerging economies.
2. the Globalization is not comprehensive:India and China are far from completely integrated globally.
a. A small group Chinese artists unknown outside of the country's national bordesd
b.Bought by local collectors through local intermediaries(Poly International Auction)
c.Large local: West art dealers have a local clientele and predominantly represent artists who have the same nationality as their own.
3.Operating Mode:operates through a small number of auction house and powerful galleries(Gagosian Gallery, Pace Gallery, Hauser & Wirth)----hardly be called global.(market agents and the artists they represent are almost without expection European and American.)
4. the Influence by the globalization:the rise of the art fair, the internet,the increased competition of auction houses on the contemporary segment reflect and further propel the globlization,and the golbalization further spur the internet sales and online auctions.
5. the Definition about the globalization:regional centers exist, interlinked through a global framework .