Recession Hurts China's "Fake Art" Industry

Posted: Saturday, 05-06-2010

Sixty percent of fine art reproductions and imitations are sourced from this particular village in the southern province of Shenjen, China. Thirty dollars for a fake Mona Lisa there which is then re-sold in U.S. malls, and on-line sources for upwards of $139.

These works end up all over the world in hotels, new suburban houses, and commercial office spaces. AK Files reports today on a successful Kansas purveyor which lists its top ten requested "knock offs"

The global economic recession has cut the demand for these works by over half, affecting the livelihoods of this particular village of Chinese artists. When home construction drops in Phoenix and Las Vegas, demand for fake masters drops as well, impacting this remote area of the far east.