China's new museums lead to global art sales boom

Global art sales set a fresh record last-year driven by acquisitions from new museums, while China maintained its place at the top of the market, according to data firm Artprice.

Works worth $15.2 billion (13.5 billion euros) sold at auction during the year, an increase of 26 percent on 2013, Artprice said in its annual report, produced with China's Artron.

A record number of 1,679 sales worth $1 million or more were recorded over the year, four times more than a decade ago, it added.