What is Behind the Prosperous Art Market in China?

DOI

10.2991/ssehr-16.2016.321How to use a DOI?

Keywords

art market; corruption; money laundering; bribery

Abstract

The Chinese art market is flourishing at an incredibly high speed. The purpose of this paper is to lift the veil off the prosperity of the Chinese art market and to reveal what the underlying problems and the real reasons for the morbid development are. Interviews show that the Chinese art market is driven heavily by corruption and money laundering. A survey is conducted to probe the public's readiness to invest in Chinese art. Finally some recommendations are offered to deal with the problems and challenges associated with the Chinese art market.

Copyright

© 2016, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Fanyu Zhou
AU  - Ralf Sensel
PY  - 2016/07
DA  - 2016/07
TI  - What is Behind the Prosperous Art Market in China?
BT  - Proceedings of 2016 5th International Conference on Social Science, Education and Humanities Research
PB  - Atlantis Press
SP  - 1507
EP  - 1510
SN  - 2352-5398
UR  - https://doi.org/10.2991/ssehr-16.2016.321
DO  - 10.2991/ssehr-16.2016.321
ID  - Zhou2016/07
ER  -