Chinese Art Bubble?

     So as some may be aware, at the peak of Japan's real-estate bubble back in the late 1980s and very early 1990s, there was a massive art bubble in the country as well. Artp rices were being bid up to extremely high levels. So out of pure curiousity, I decided to Google "Chinese art bubble" and WHEW! did I get some results.

Here is one link, one of the first to come up: Chinese Art Bubble

However, rather than post a bunch of links, just Google it. What I do wonder then is if this is another sign of the Chinese economy being in a major bubble as well, just like Japan was. I would guess probably. It seems we have three big indicators here: China having some of the tallest skyscrapers in the world being built in it, vacant buildings/cities, and a major art bubble.