Pursuits

Christie’s Brings Picasso, Patek Philippe to China Debut

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Christie’s International will hold its first auction in mainland China tomorrow, featuring Patek Philippe watches, a Picasso and bottles of Chateau Latour in the newly created Shanghai Free Trade Zone.

The sale, the first of its kind for a foreign auction house in China, doesn’t include porcelains, paintings or ceramics, as foreign companies are barred from dealing in cultural relics.