Worrying about the Chinese contemporary art market

Monday, April 2nd, 2007 (Posted 11 years, 1 month ago)

In my previous journals, I have discussed how the foreign art collectors have become eagerly interested in collecting Chinese contemporary art. By doing so, this worldwide trend is actually creating a new ideology, which is affecting the valorisation of Chinese contemporary art. Or perhaps, we could put this another way around, there has not been a indigenous system of evaluating Chinese contemporary art, nevertheless, it will be formed by the Art Markets, to be more specific, it will be formed by Art collectors and dealers. Perhaps, one could say that this happens everywhere in the world. Why is China so special to be singled out?

There are two issues raised here for the Chinese to consider. Firstly, if an art market has no rules and no standard of evaluations, it more likely to have a shakeout whenever the rules are established; another danger is that the concept of the best Chinese contemporary art is being judged by a small group of people who are mainly from the West, and will be evaluated by the only norm available – money. The idea of the ‘artist’ may be tarnished with a bad reputation for being wishing to become rich.

One Response to “Worrying about the Chinese contemporary art market”

  1. nono Says:

    Too many rules are built on money in China. As a Chinese, it is a shame to me.

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