Imitation is a common source of trouble and loss in the market for contemporary Chinese art.

FORBES: Four Tips On How To Approach China's Art Boom

Others included Guan Yi, a wealthy Beijing-based collector, and Uli Sigg, a Swiss businessman and former ambassador to China, whose collection of contemporary Chinese art is now on show in Bern.

ECONOMIST: Two leading art fairs are showcasing new art from China

Most Chinese institutions lack that software and there is a memory gap of 20 years between 1980 and 2000, when no Chinese institution collected Chinese contemporary art.

ECONOMIST: Two leading art fairs are showcasing new art from China

Chinese contemporary art, meanwhile, has moved on.

CNN: ASIANOW - TIME Asia | Visions of China: China Art Gallery

Shows at the new gallery have included contemporary Chinese and Middle Eastern art and American abstract painting and sculpture.

FORBES: Smart Collecting

In sales of contemporary art the Chinese market may be yet a babe, but it looks like a prodigy.

ECONOMIST: Asia��s rise excites the art market

The biggest price increases in recent years have come in contemporary art--particularly Chinese paintings--and in 20th-century decorative arts.

FORBES: The New Breed

This extends far beyond the contemporary art market, too, with Chinese buyers pulling ahead of the pack and also dominating at auctions of traditional Chinese ink paintings, ceramics, and antiques this year.

FORBES: What China's Millionaires Are Buying

The winner of a MacArthur Fellowship, Shen creates dances that incorporate visual and storytelling elements from the theatre, Chinese opera, Eastern philosophy and traditional and contemporary visual art and sculpture.

BBC: Celebrating movement amid sculpture