The Chinese Art Market

In all this foment, the contemporary art scene is somewhat at a standstill. Yes, new records are being set for contemporary Chinese works at every successive Sotheby’s and Christie’s auction. And every foreign visitor to Beijing, art aware or not, now has to walk around “798”, the chic factory café and gallery area, formerly a wonderfully anarchic artist community. And it seems that “millions” are being made by all concerned within this bustling, over-heated art market. But the art itself isn’t moving. The big five names are all producing exactly the same cartoonish works they have done for years, because that is what sells. Every new artist who arrives on the scene produces not-so-subtle variants of that same work because that is what sells. And even reproduction specialists have switched from copying Degas, Monet and Rembrandt, to producing “genuine” Wang Guangyi, Zhang Xiaogang and Yue Minjun knockoffs, because…

Read the Art Newspaper article here.