The Resale Right Policies of the UK, Germany, France and their Implications for China
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In 1920, France first created the Resale Right. By 2020, more than 90 countries have introduced the Resale Right. While China has become the second-largest art market in the world, the artworks of Chinese artists are also very popular abroad, and the value of artworks has increased hundreds of times. However, these artists were not able to enjoy the same benefits brought about by the rise in the value of artworks in the same way as artists in the UK, Germany, France, and other countries. Therefore, in the era of the globalization art trade, the purpose of this paper is to study the Resale Right policies of the UK, France, and Germany, these three European countries with prosperous art markets, and the implications for China. This paper first examines the making process and main content of the Resale Right policies in EU member states, mainly the UK, France, and Germany. Then, this paper analyzes three dispute cases about the Resale Right and points out the necessity for China to introduce the Resale Right through the third case. Finally, this article points out some implications for China’s introduction of the Resale Right. In conclusion, under the international background of art trade globalization, it is necessary for China to introduce the Resale Right. By learning from the Resale Right policies of European countries, and analyzing international dispute cases surrounding it, China can prepare for the introduction of it in the future. At the same time, there are also reasons to believe that after the introduction of Resale Right in China, the economic interests of Chinese artists will be better protected, and China’s leading position in the European and international art market will also be maintained.
Abstract
In 1920, France first created the Resale Right. By 2020, more than 90 countries have introduced the Resale Right. While China has become the second-largest art market in the world, the artworks of Chinese artists are also very popular abroad, and the value of artworks has increased hundreds of times. However, these artists were not able to enjoy the same benefits brought about by the rise in the value of artworks in the same way as artists in the UK, Germany, France, and other countries. Therefore, in the era of the globalization art trade, the purpose of this paper is to study the Resale Right policies of the UK, France, and Germany, these three European countries with prosperous art markets, and the implications for China. This paper first examines the making process and main content of the Resale Right policies in EU member states, mainly the UK, France, and Germany. Then, this paper analyzes three dispute cases about the Resale Right and points out the necessity for China to introduce the Resale Right through the third case. Finally, this article points out some implications for China’s introduction of the Resale Right. In conclusion, under the international background of art trade globalization, it is necessary for China to introduce the Resale Right. By learning from the Resale Right policies of European countries, and analyzing international dispute cases surrounding it, China can prepare for the introduction of it in the future. At the same time, there are also reasons to believe that after the introduction of Resale Right in China, the economic interests of Chinese artists will be better protected, and China’s leading position in the European and international art market will also be maintained.
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