2026 asian art market preview

Artnet Pro's 'The Asia Pivot' newsletter previews the 2026 Asian art market, highlighting a hopeful recovery after signs of improvement in late 2025. Key events include Art SG in Singapore (hosting S.E.A. Focus for the first time), the inaugural Art Basel Qatar in February, and Art Basel Hong Kong in March. Auction houses will align spring sales with these fairs. The article also notes regional shifts: South Korea's Art Asia partners with KINTEX for a new fair in India, Hong Kong's Kwai Fung Hin opens in Singapore, and Shanghai's Antenna Space expands to Hong Kong. Japan's Prime Minister Sanae Takaichi meets with artist Takashi Murakami to promote culture abroad, while geopolitical tensions with China threaten cultural exchanges.

david zwirner yoshitomo nara artist representation

David Zwirner gallery announced it will now officially represent Japanese artist Yoshitomo Nara, with his first solo exhibition planned at Zwirner's New York space. The representation deal was brokered through Nara's international agent Joe Baptista and his Equivalence Art Agency. Baptista was previously a partner at Pace Gallery, Nara's longtime representative, and his departure from Pace had not been publicly announced. Nara was also long represented by Blum Gallery, which closed earlier this year after its final Nara show in Los Angeles. Pace Gallery CEO Marc Glimcher expressed surprise but said Pace will continue to have a relationship with the artist.

fall art season new york galleries open

Mathieu Borysevicz, founder of Shanghai's Bank gallery, launched a six-month pop-up on New York's Lower East Side earlier this year, aiming to introduce his program to new audiences amid growing Asian art interest in the city. By mid-summer, however, Borysevicz observed a sharp market downturn as collectors withdrew, reflecting a broader trend of gallery closures, lawsuits, and fair cancellations that have marked a turbulent period for the art world.

asia rising morgan stanley artnet

Artnet News and Morgan Stanley have collaborated on a report analyzing the art market's recovery after COVID-19, with a focus on Asia's emergence as a powerful engine. Using data from the Artnet Price Database and Artnet Analytics, the report shows that China (including Hong Kong) has become a dominant force, overtaking the U.S. and U.K. in fine-art auction sales. By 2020, China reclaimed the top-selling global fine-art auction market position, and as of mid-2021, it remains neck and neck with the U.S. The report also examines the role of Hong Kong, which has consistently contributed over 40% of China's fine-art sales, driven by its unique economic policies and integration into the global art market.

art industry news october 9 2019

Sotheby’s Hong Kong concluded its fall auction series with a robust $426 million total, headlined by a record-breaking $25 million sale for Yoshitomo Nara. Amidst this market momentum, Nara’s upcoming LACMA retrospective was announced to travel to Shanghai’s Yuz Museum. Meanwhile, the New York art scene is bracing for major institutional milestones, including the Metropolitan Museum of Art’s 150th-anniversary plans and the imminent public opening of MoMA’s $450 million expansion.

An Audacious $724 Million Building Reinvents LACMA

The Los Angeles County Museum of Art (LACMA) has unveiled the David Geffen Galleries, a $724 million architectural feat designed by Peter Zumthor. This massive, horizontal structure spans over Wilshire Boulevard, replacing several older buildings with a single, elevated concrete form. The new space abandons traditional chronological and geographical silos in favor of rotating, thematic displays that integrate the museum’s diverse encyclopedic collections.

10 Shows Around Venice Not to Miss During the Biennale

ARTnews has published a guide to 10 exhibitions in Venice worth seeing during the 2026 Biennale, beyond the central show "In Minor Keys" curated by the late Koyo Kouoh and the national pavilions. Highlights include a major survey of Lee Ufan at the San Marco Art Centre (SMAC Venice), organized by the Dia Art Foundation and curated by Jessica Morgan; "Helter Skelter: Arthur Jafa and Richard Prince" at Fondazione Prada, curated by Nancy Spector; and "Strange Rules" at Palazzo Diedo, conceived by Hans Ulrich Obrist with Mat Dryhurst and Holly Herndon, introducing the concept of "Protocol Art." Other venues include the Gallerie dell'Accademia, Pinault Collection, Berggruen Arts & Culture, Fondazione Sandretto Re Rebaudengo, and a three-night-only performance at Teatro Goldoni.

The Artists Who Ruled the Biennial Circuit Over the Last Four Years

Artnet News critic Ben Davis analyzed 130 recurring global art events—including biennials and triennials—that opened between the 2022 and 2026 Venice Biennales, tallying over 15,000 participating artists. He identified the most frequently featured artists, with Nolan Oswald Dennis topping the list at 14 biennial appearances. Dennis, a South Africa-based artist born in Lusaka, is known for works like "Black Liberation Zodiac" (2017-ongoing) and was included in the 2026 Venice Biennale curated by the late Koyo Kouoh.

high line art and chanel culture fund kick off partnership with rising star frank wang yefeng

High Line Art and the Chanel Culture Fund have launched a partnership to co-commission rising artists working in digital and time-based media for High Line Originals, a film series hosted at the High Line Channel in Manhattan. The fourth cycle begins September 10 with the premiere of Frank Wang Yefeng's "Groundless Flower – ཨ" (2025), and the program shifts from a biannual to an annual commissioning cycle. Additional U.S. premieres by Cao Fei, Lu Yang, and Jakob Kudsk Steenson will screen on September 8 and 9, with a group show featuring Petra Cortright in November 2025.

shanghai art week 2025 diary

Shanghai Art Week 2025 featured two major art fairs, West Bund Art and Design and Art021 Shanghai, alongside numerous satellite exhibitions and events across the city. The author navigated the sprawling metropolis by public bike, visiting highlights including “Artist’s Treat,” a cluster of 11 exhibitions organized by artist Xu Zhen in a repurposed French school, and Blunt Society, an artist-run space showing works by Ma Lingli and Alex Müller. The week was marked by a cautiously optimistic market mood, with dealers reporting better-than-expected sales and new initiatives like Art021’s SVIP preview for serious collectors.

How a Louise Bourgeois Print Inspired Eden Xu-Martinez’s Intimate Collection

Eden Xu-Martinez, a collector and art administration professional, has built a personal collection centered on the accessibility and intimacy of prints. Her journey into collecting was catalyzed by a lithography course at Columbia University and a profound encounter with a Louise Bourgeois print, which shifted her perspective on the medium from mere reproduction to a deeply personal form of artistic expression.

The shifting market for luxury: can legacy brands navigate new trends and buyers?

Bénédicte Épinay, president and CEO of Comité Colbert, is organizing 'Hidden Treasures,' an exhibition of French luxury brands at The Shed in New York in late May 2025, timed after Frieze art fair and auction week. The show features 96 French luxury brands, 17 cultural institutions, and six European luxury brands, including Musée du Louvre, Balenciaga, Louis Vuitton, and Cartier. The initiative is part of a broader cultural diplomacy strategy, following a similar exhibition in Shanghai in 2024 that helped reduce tariffs on cognac. The article also notes shifting luxury market dynamics, with strong US sales growth projected at 8% in 2026, while Europe remains stagnant, and emerging markets like India show new wealthy buyers driving auction house growth.

Japan's Art Market Growth and Asian Art News

japans art market growth asian art news

Japan’s art market demonstrated remarkable resilience in 2024, growing by 2% to reach $692 million despite a 12% contraction in the global art market. A government-commissioned report by economist Clare McAndrew revealed that the Japanese market is characterized by high-volume, lower-value transactions, with 93% of sales occurring at price points under $10,000 and dealers accounting for the vast majority of trade.

Melding Chinese lacquer with European abstraction

A collateral exhibition titled "Alchemical Universe" at the Palazzo Soranzo Van Axel in Venice features 35 lacquer paintings by Chinese-German artist Su Xiaobai. Curated by Stephen Little of the Los Angeles County Museum of Art (Lacma) and designed by architect Kulapat Yantrasast, the show spans Su's early experiments to recent works created for Venice, including suspended temple tiles and floor pieces on mirrored Murano glass. Su, who was advised by Gerhard Richter in 2003 to focus on lacquer, now works exclusively in the medium, layering and scoring tree sap to create contemplative abstract works.

The Louvre Remains the World’s Most-Visited Museum, with Competition Coming from the Middle East and Asia in 2025

The Louvre maintained its position as the world's most-visited museum in 2025, drawing approximately 9 million visitors according to the Art Newspaper's annual ranking. The Vatican Museums and the National Museum of Korea in Seoul followed closely, rounding out a top ten list that includes major institutions in London, New York, and Shanghai. Overall, about 200 million people visited the top 100 museums globally, a figure still below the pre-pandemic 2019 peak of 230 million.

Seoul’s new Centre Pompidou Hanwha museum opens next month—can it live up to expectations?

Seoul's new Centre Pompidou Hanwha museum will open to the public on June 4, 2025, marking the Pompidou's second Asian branch after its collaboration with Shanghai's West Bund Museum. The four-year partnership between the Hanwha Foundation of Culture and the Centre Pompidou will feature two exhibitions per year from the Pompidou collection, starting with "The Cubists: Inventing Modern Vision." The museum occupies 11,000 square meters over four floors of Hanwha Group's 63 Building, with one gallery dedicated to early 20th-century European art and another to global contemporary art with a Korean focus, curated in-house. The inaugural Korea Focus section includes local artists such as Kim Whanki and Yoo Youngkuk.

almine rech closes london gallery

Almine Rech is closing her London gallery in Mayfair after more than a decade, as reported by Melanie Gerlis in the Art Newspaper. The space, which opened in 2014 on Savile Row before moving to Grosvenor Hill, hosted exhibitions by artists including Javier Calleja, Chloe Wise, Jeff Koons, and Esther Mahlangu. Rech stated that London remains "important" to her and that she plans to open something in the city in the future, but offered no specifics. The London branch was put into liquidation, with Companies House filings indicating a £6.3 million deficit, though Rech said she owes no money to artists, workers, or suppliers and described the filing as a technical step to restructure a lease. Her gallery will continue operating its other eight locations across Paris, New York, Brussels, Shanghai, Monaco, and Gstaad.

Gozo Yoshimasu Wins £200,000 Serpentine x FLAG Art Foundation Prize

Tokyo-based poet and artist Gozo Yoshimasu has won the inaugural Serpentine x FLAG Art Foundation Prize, receiving £200,000 (approximately $272,000) along with solo exhibitions at Serpentine Galleries in London in fall 2027 and at the FLAG Art Foundation in New York in spring 2028. Yoshimasu, 87, emerged from the avant-garde scene of 1960s Tokyo and is known for blending poetry with performance, photography, audio recordings, and moving image. His work has been featured in the Shanghai Biennale, the Bienal de São Paulo, and major surveys such as “Poet Slash Artist” at Factory International. The prize was selected by a jury including Serpentine artistic director Hans Ulrich Obrist, FLAG Foundation director Jonathan Rider, MoMA curator Michelle Kuo, Museum MACAN director Venus Lau, and artist Rirkrit Tiravanija.

10 Must-See Shows During the Venice Biennale 2026

The 2026 Venice Biennale is embroiled in multiple controversies, including the cancellation and reinstatement of Australia's representative artist Khaled Sabsabi, ongoing calls to bar Israel from participating, criticism over allowing Russia to participate, and mounting voices to exclude the U.S. in response to President Donald Trump's actions in Iran. Despite these disputes, the article highlights that many of the city's most exciting shows will take place away from the main Biennale venues.

shanghai art021 west bund art recap

Shanghai's West Bund Art & Design fair and Art021 opened last week with unexpectedly strong sales, despite economic headwinds and regional competition. Many galleries reported brisk first-day sales, with Thaddaeus Ropac placing five works including a Martha Jungwirth painting for €500,000, and Hauser & Worth selling two works for over $1 million. However, major blue-chip galleries like Gagosian and Pace opted out entirely, while others like Almine Rech, White Cube, and David Zwirner scaled back their participation. The fairs took place against a backdrop of China's ongoing property slump and the overlapping Art Collaboration Kyoto, which siphoned attention from international collectors.

centre pompidou close renovation

The Centre Pompidou in Paris will close on September 22 for five years of renovation work, leaving the Paris art scene without one of its major institutions. Before closing, visitors have three more days to see the photography exhibition “Wolfgang Tillmans: Nothing could have prepared us – Everything could have prepared us,” which occupies 65,580 square feet in the Bibliothèque Publique d’Information. During the closure, the Pompidou will continue its “Constellation” program, dispersing collection holdings to partner institutions including Centre Pompidou-Metz, West Bund Museum in Shanghai, H’ART Museum in Amsterdam, the Grand Palais, and the future Centre Pompidou Francilien.

6 asian artists to watch history migration and politics

Artnet News's Talentspotter feature profiles six emerging Asian artists shaping contemporary art. The artists, including Chen Ronghui, Steph Huang, and Cole Lu, explore themes of urbanization, migration, identity, and consumer culture through photography, sculpture, and installation.

talentspotter technology future human

Artnet Pro's Talentspotter feature highlights seven Asian artists pushing boundaries in contemporary art through diverse media such as 3D printing, VR, photography, and large-scale installation. The artists include Hà Ninh Pham from Vietnam, who creates speculative topographical works and virtual games, and Heecheon Kim from South Korea, who examines digital cognition and reality using GPS, AR, and VR. The article provides critical and market insights into each artist's practice, background, and recent exhibitions, originally published in the Asia Pivot newsletter.

yan du project billy tang artistic director

London-based nonprofit Yan Du Project (YDP) has appointed Billy Tang as its artistic director, effective this month, ahead of the opening of its new home in a Grade I-listed townhouse on Bedford Square this October. Tang, who was born in London to Vietnamese refugee parents, returns to the city after serving as executive director and curator at Para Site in Hong Kong, and previously held curatorial roles at Magician Space in Beijing and Rockbund Art Museum in Shanghai. YDP is the second nonprofit founded by ARTnews Top 200 Collector Yan Du, following the Asymmetry Foundation launched in 2019.

Michelle Blade Transforms Everyday California Scenes Into Luminous Reveries

Los Angeles-based painter Michelle Blade is presenting her first solo show with Night Gallery in Los Angeles, titled "It's About Time." The exhibition features a new body of work focused on still lifes and landscapes from around her home, captured at different hours of the day. Using acrylic and ink on cotton poplin with a wet-on-wet technique, Blade creates luminous, shimmering compositions that blend memory, perception, and projections of the future. The show follows her recent solo exhibition at the Powerlong Museum in Shanghai and her inclusion in the group show "Superbloom" at Night Gallery.

7 museum openings of 2025

The global art landscape is set for a significant transformation in 2025 with the opening of several high-profile museum projects. These range from the long-awaited reopening of New York’s Frick Collection and the Studio Museum in Harlem to ambitious international debuts like the PoMo museum in Norway and the Fenix Museum of Migration Stories in Rotterdam. These projects feature designs by world-renowned architects including Annabelle Selldorf, India Mahdavi, and MAD Architects, often repurposing historic structures with bold contemporary additions.

jr china

French artist JR is presenting two solo exhibitions in China: “La Vie en Mouvement” at Perrotin Shanghai and “Kaleidoscope” at Galleria Continua in Beijing. The shows feature works from the past two decades, including photographs of ballerinas in unexpected urban settings and an installation that appears to crack open the gallery wall to reveal a Summer Palace pavilion. In an interview, JR discussed how architecture shapes his images, his resistance to being labeled an activist, and his reflections on past projects in Shanghai’s now-vanished shantytowns.

Chanel Expands Support for Centre Pompidou Amid $535 Million Renovation

Chanel has announced a new five-year partnership with the Centre Pompidou in Paris, expanding its support for the museum during its landmark €460 million ($535 million) renovation. The fashion house, which has backed the Pompidou since 2019, will help preserve access to modern and contemporary art while the museum is closed to the public until its scheduled reopening in 2030. This follows a separate three-year deal in 2025 to grow the museum's collection of contemporary Chinese art by 30 percent, with a focus on women artists, and a 2024 acquisition of 21 works by 15 Chinese artists tied to an exhibition co-organized with Shanghai's West Bund Museum.

‘It’s really important that the public is not just a silent witness’: Marina Abramović on her Venice Biennale exhibition

Marina Abramović is the first living female artist to have a solo exhibition at the Gallerie dell'Accademia in Venice, where her work will be installed alongside the museum's permanent collection. The show, titled *Transforming Energy*, features interactive 'transitory objects' such as stone beds and crystal-embedded structures that visitors are invited to use, as well as a juxtaposition of her 1983 photograph *Pietá (with Ulay)* with Titian's final masterpiece *Pietá* (1575-76). Abramović, who won the Golden Lion for Best Artist at the 1997 Venice Biennale, emphasizes audience participation over passive viewing, banning telephones and encouraging visitors to spend at least three hours engaging with the works.

From monumental glass sculptures to a lagoon in the sky: what to see beyond the Venice Biennale pavilions

The article highlights several must-see exhibitions and installations beyond the main Venice Biennale pavilions. Patrizia Sandretto Re Rebaudengo's redevelopment of the island of San Giacomo opens on 7 May, transforming abandoned Napoleonic-era powder magazines into exhibition spaces with a solo show by British artist Matt Copson and a group show from her collection. American artist Melissa McGill presents 'Marea', a street-spanning installation of 100 paintings created with local residents and students, addressing climate change and rising sea levels. Dale Chihuly returns to Venice with 'Chihuly: Venice 2026', featuring monumental glass installations along the Grand Canal, including 'Gold Tower' (2025). Wallace Chan unveils titanium sculptures at the Chapel of Santa Maria della Pietà, with a parallel exhibition at the Long Museum in Shanghai.