This is the dilemma which mass production brought to art as scarce, preservable object. But we are no longer in the age of industrial technology. We are in a post-industrial age of cybernetic technology. These perceptions of time have nothing to do with differences between East and West, or underlying philosophies, in my opinion. Rather, they are related to modes of dominant technology.
Agrarian societies tend to be cyclical, and industrial societies are linear.
But the cybernetic society is not based on a linear technology. And that is no metaphor. Real time, machine time, computing time, print-out time. And so also is time n-directional. But a second characteristic of cybernetic technology is seen in the emergence of new materials.