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LONDON——Global auction(拍卖)sales of Chinese art and antiques fell in 2019 to $ 5.7 billion, a 10 perc

英语试题 01-16
LONDON——Global auction(拍卖)sales of Chinese art and antiques fell in 2019 to $ 5.7 billion, a 10 percent drop year-on-year, and the lowest level for the collecting category since 2010. The Global Chinese Art Auction market report, compiled by Artnet and the Chinese Association of Auctioneers, found this was clue to trade tensions between the United States and China, as well as a slowdown of GDP in China.
The report, now in its eighth edition, noted that the value of total auction sales within the Chinese mainland declined by 10 percent in 2019 to $ 3.7 billion, the lowest total since 2010. Outside China, there was also a 9 percent drop in sales of Chinese art and antiques.
“The combination of such slowdowns resulted in a weakening of collectors' confidence and a more cautious attitude among buyers making decisions on investing in art in 2019," said the report.
However, despite the downturn in total sales value for Chinese art and antiques in 2019, the European market showed some positive trends emerging. Significant peaks in lots offered and lots sold in Europe, combined with a strong sell through rate(卖出率)of 61 percent in 2019.
Europe accounted for 29 percent of all Chinese art and antique lots sold overseas in 2019 , according to the report, closing in on(接近)the North American market's share.
The annual report also found strong performances with 20th century and contemporary Chinese art in both the Chinese mainland and overseas, boosted by a younger generation of Chinese collectors.
The average price for the category increased in the Chinese mainland, up by 23 percent year- on-year, and overseas sales saw a nine-year high in 2019. But fine Chinese paintings and calligraphy, the largest collecting category on the Chinese mainland, did not perform as well.
According to the report this category “continued to spiral(螺旋式的)downwards, reaching its lowest point in sales since 2013”. The number of lots dropped by 10 percent year-on-year, almost half of that of 2013 and it also struggled elsewhere, with the overseas total falling to a seven-year low.
12. What is the third paragraph mainly about?
A. The result of a weakening of collectors' confidence in buying art.
B. The advantage of buyers' making decisions on investing in art.
C. The advantage of the decline of the value of total auction sales.
D. The result of the decline of the value of total auction sales.
13. Why does the report say “fine Chinese paintings and calligraphy did not perform as well” on the Chinese mainland?
A. Their standards were not so high.
B. Their prices were not so satisfying.
C. They are the largest collecting category.
D. The average price for the category rose sharply.
14. What does the underlined phrase “accounted for” in paragraph 5 mean?
A. Took up. B. Took off.
C. Took away. D. Took on.
15. Which can be the best title for the news report?
A. A Slowdown of GDP in China in 2019
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