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China's contemporary art market bubble has burst

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Uploaded by on Jan 21, 2009

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.

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  • search Roy Sproule to SEE ART IN Phoenix

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

  • Goglear Los Mandalas de Kamen

    kamenabstracto blogspot com/

  • 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 !

  • 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!

  • Agreed

  • Like a tsunami? Perhaps not the best Comparison after 2004. And I fell asleep through the rest of it.

  • interesting video

  • in jewellery too china flooded world with fake glass gemstones and fooled the markets

    and even damaged the original gemstones market

    people go for colours pieces of glass

    they must understand a chinese iis a fake .

    not all the products .

    china is a good country but the policy of eating up world markets is very unhealthy for world .

    let live all in peace .

    and most surprising thing the country which praises marxism communism doing it

  • what not china marketed "feng shui "

    oh in india is slump in realestate i tried all feng shui

    ha haha nothing happened also when one showers market suddenly and goes to number one very fast

    the same speed is guaranteed ity would come down

    china would become a normal sick poor country by 2015 .

    i can predict scientifically . and sales would go down by 90 % people should buy arts made in poor countries so that their makers get bread

    like africa , srilanka india

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