CHINA.- After the record-breaking $390 million autumn sales at Sotheby’s Hong Kong last month and China Guardian’s $620 million record sales last week – the overall Chinese art market is becoming very hot once again. Whilst other art markets are talking about the recovery, the Chinese art market is experiencing a second boom – strongly supported by regional buyers. Auction prices in certain traditional sectors, such as Chinese painting and calligraphy, as well as antique porcelain and ceramics, have been pushed to new heights, and art market analysts are already questioning the sustainability of this surge in prices. Evidence of the frenzy was seen in early November 2010, when a bidding war between Asian buyers pushed a Qianlong-dynasty vase to a price of $83.2 million, an auction record for Chinese art. The vase was offered