May 20

China’s contemporary art market bubble has burst

chinese art CHINA-ART: The buoyant market for Chinese contemporary art over the last few years has made millionaires in the country. But the financial crisis has led to a massive slump in demand for works.

Duration : 0:2:53


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10
comments

10 comments!!!

  1. fsfs9521 says:

    search Roy Sproule …
    search Roy Sproule to SEE ART IN Phoenix

  2. thegreatfearblog says:

    The very advanced …
    The very advanced visual culture that was achieved in middle age Europe (and Asia) had to be destroyed. The group who took over pictorial art as well as music in the early to mid-20th century, redefined those two arts for very clear political purposes. As a result, Art in the 21st century has no meaning whatsoever. It’s WHO promotes it, WHO sells it, WHO markets it, WHO appoints the “experts” that tells us what Beauty is. I expose that in my “Art” video.

  3. lazzile says:

    I did not realize …
    I did not realize that Contemporary Chinese Art was experiencing any down turn…..

  4. Darioleandro2002 says:

    Goglear Los …
    Goglear Los Mandalas de Kamen

    kamenabstracto blogspot com/

  5. ALLDALI says:

    As a Artdealer I …
    As a Artdealer I have seen many Cinese Art – and I must say most of it wasn’t worth it. Now only the big names will stay…at more reasonable prices !

  6. megmaggio88 says:

    As the director of …
    As the director of a Beijing-based contemporary art gallery, I disagree with almost 100% of the opinions expressed in this video. I wish the makers had spent more time talking to more participants in the Chinese art market. And done more fact-checking. Come talk to us any time!

  7. Tatorandtot says:

    Agreed
    Agreed

  8. Vivaldi1000VolcanoX says:

    Like a tsunami? …
    Like a tsunami? Perhaps not the best Comparison after 2004.

    And I fell asleep through the rest of it.

  9. coldplayfalloutboy says:

    not buying chinese …
    not buying chinese products wont help the world. Its just compeition.

  10. coldplayfalloutboy says:

    It is true that …
    It is true that chinese goods kill labour in your country. However, thats only because the chinese are mroe efficent at producing goods. Not buying chinese goods are prodmoting inefficent businnesses, therefore wasting reasources. AS for killing labour, the people affected can get new jobs in areas where production are more effeint than chinese products.

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