Continua paints a picture of optimism

There's no shortage of work by international artists on view in Beijing, but they tend to be grouped in galleries by their country of origin.

Federica Beltrame, director of the Galleria Continua Beijing, in the capital's 798 Art Zone

Noting this, Gallery Continua decided eight years ago to open a branch in China that, rather than promote art from its homeland Italy, would be truly international.

"We just show good international art unlabeled by any country or region," said Federica Beltrame, director of the Beijing gallery, in the 798 Art Zone.

However, most of what it sold went overseas, and it relied on support from its Italian parent gallery near Florence.

This year, as a measure of its open strategy success coupled with an optimistic outlook, Gallery Continua Beijing has decided to go it alone and become financially independent.

The main reason for the optimism is that it is starting to see a growing interest among Asian collectors.

"We made this decision because we have faith that we can count on these Asian collectors and new ones that we are meeting," said Beltrame.

The gallery sold three art works at the Art Stage Singapore fair this year. It is also going to Art Beijing, Art Basel in Hong Kong and the Shanghai Biennale, for the first time without the assistance from its Italian parent company.

"The art fair is our main income," Beltrame added. "And we will concentrate more on selling to collectors to become independent. We're going to be under more pressure this year." Until now, the market in China did not appear ready to buy Western art. Usually, the works Continua exhibited in Beijing were sold elsewhere. The situation is changing, although slower than expected.

"There are more collectors from China and Asia in general that are showing a greater interest in Western art. But it's going much slower than we thought," Beltrame said.

Until 2008, the gallery had no local collectors as clients, only two Western collectors. As the Chinese contemporary art market shrank after the financial crisis, however, people started thinking differently.

"They start thinking, 'What is art and what is solid?' They came to us because we were representing artists like Antony Gormley and Anish Kapoor," Beltrame said. "They have been on the scene for a long time and have grown slowly, and now they are established."