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shanghai art week 2025 diary 2716632

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.

philip tinari ucca tai kwun asian art industry news 2737679

This edition of State of Play, part of Artnet Pro's The Asia Pivot newsletter, reports on multiple developments across Asia's art scene. Highlights include the launch of Art Fairs Pavilion Taipei, a new alternative art fair co-founded by Hong Kong dealers Willem Molesworth and Ysabelle Cheung, with 13 galleries for its inaugural edition. Galleries Antenna Space and Kwai Fung Hin Art Gallery are expanding into Hong Kong and Singapore respectively, while veteran Beijing gallery Long March Space has closed its physical venue. The Taipei Fine Arts Museum announced Taiwan's collateral exhibition at the Venice Biennale, and the Hong Kong Museum of Art named artists for its collateral show. The Asia Society Museum in New York will open a 70th-anniversary exhibition, and the H+ Museum in Suzhou, designed by Tadao Ando, officially opened with two inaugural shows.

shanghai art021 west bund art recap 1234762135

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.