Indian artist Subodh Gupta's work, Untitled. [Photo provided to China Daily]

Meanwhile, Huang says that BRIC, which resembles the acronym BRICS, also implies a jumble of things and refers to the cultural conflicts between emerging markets and developed countries as globalization pulls different cultures closer and also causes frictions.

Huang adds that collisions have also occurred within emerging markets themselves, as they try to cope with social issues arising from development, such as urbanization, a growing wealth gap and corruption.

Singaporean artist Simryn Gill and Chinese artist Tian Longyu focus on how globalized production and consumption stimulate greed.

In her installation, Roadkill, Gill recycles daily waste, including empty bottles, tin cans and small toys, and adds tiny wheels to them. She groups them into various clusters on the ground to form an advancing army of vehicles.

The colorful objects look as if they have been made by a child.

Gill recycles junk as a metaphor for a consumerist society to show to what extent the market will expand.

Tian, however, comments on the same problem with a 2.5-meter-high monster-like installation called A Tiger-Swallowed Elephant.

It portrays a tiger that has swallowed an elephant. The tiger's body is deformed and looks as if it has been eaten by the elephant.