Author(s)

Fanyu Zhou, Ralf Sensel

Corresponding Author

Fanyu Zhou

Abstract

The Chinese art market has been flourishing at an incredibly high speed in the past decade. Interviews show that money laundering plays a major part in the rapid development of the Chinese art market. This paper tries to figure out how money is laundered through art transaction. Finally, some recommendations are offered to deal with the problems associated with the Chinese art market.

Keywords

Art market, Corruption, Money laundering, Bribery.