China's $13 Billion Art Fraud

And What It Means For You

If you pay attention either to China or the art market, you’ve probably heard the story: China last year became – according to art industry experts – the world’s largest market for art and antiques, surpassing the USA. Well, here’s a shocker: it isn’t.  Not even close. Of course, you probably suspected as much: but the reasons are only now becoming clear.  Exclusive interviews over the past several weeks with Chinese art dealers, auction house officials and others reveal a level of corruption significant even by Chinese standards, and more, the potential global dangers of an art market now at unprecedented heights – and growing.

Contemporary Art, Fraud