Chinese Art Market Confidence Survey

February 2009   (3 pages)

The first ArtTactic Survey for the Chinese contemporary market shows weak overall art market confidence, but high confidence in selected individual artists.

Market hype and speculation undermined the confidence among many of the top auction performers in 2007 and 2008. Although the overall sentiment is pessimistic for the Chinese contemporary art market, it is clear when analysing the individual Artist Confidence Indicators, that the story is much more nuanced.  It is evident, that the artists that most enjoyed and benefitted from the recent boom, are also the segment of the art market that the respondents feel most concerned about.

Artists Confidence Indicators included in the report:

Zhang Xiaogang, Yue Minjun, Fang Lijun, Wang Guanyi, Zeng Fanzhi, Ai Wei Wei, Cai Guoqiang, Zhang Li Hai, Ling Jian, He Sen, Li Songsong, Zhong Biao, Zhou Tiehai, Liu Ye, Wang Qingsong, Qiu Zhijie, Zhang Huan, Huan Yan, Yang Fudong, Cao Fei, Shi Jinsong, Gao Shiquiang, Zhang Peili, Lu Chun Seng, Zhou Xiaohu