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“In the Currency War series, Xu Qu uses different watermarks of banknotes from across the world to create colourful abstract compositions. The resulting artwork therefore functions both as a cultural and financial vehicle, reflecting how the artwork o en becomes a commodity.
With this huge body of work, the artist suggests a monetary system that is out of control and raises questions specific to the idea of power in our contemporary world. With stakes of a simultaneously oversized, abstract, and absurd nature, this ongoing series talks about the global economy war with currencies from around the globe and how emerging countries have reversed the value of their currency and have changed the global face of the economy. Some may disappear while others reappear with importance and force.”