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state of play asia art world news may 22 2648226

This edition of State of Play, part of Artnet Pro's Asia Pivot newsletter, reports on recent developments across Asia's art world. Taipei Dangdai Art and Ideas and Art Busan both concluded with slower sales and reduced attendance, citing economic and geopolitical uncertainty. Meanwhile, Art Basel announced a new fair in Doha for February 2026, and more Asian galleries are opening spaces in New York. In institutional news, philanthropist Yan Du is launching Yan Du Projects in London, the Simose Art Museum in Japan is hosting its first contemporary exhibition, and the Smithsonian's National Museum of Asian Art has repatriated looted Zidanku Silk Manuscripts to China.

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Asian collectors and dealers are increasingly choosing to skip Art Basel's flagship Swiss edition in favor of Art Basel Paris, citing the French capital's more appealing experience. Amid a market contraction, figures like Monique Leong are skipping Basel for the second year, while others such as Kankuro Ueshima, Rosy Wu, and Kazunari Shirai still attend. Notable appearances include K-pop star RM of BTS, who made his first public appearance after military service as Samsung Art TV's global ambassador. The fair saw Asian languages spoken widely, and young first-time collectors brought private guides to maximize their visit.

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Art Collaboration Kyoto announced 72 exhibitors for its fifth edition, with 25 first-time participants. Patti Wong, former Sotheby's executive, launched New Perspectives Art Partners with Ed Dolman, Brett Gorvy, and others. Art Fair Tokyo's 20th edition saw sales of ¥2.86 billion, down 10% from last year. Lisa Horikawa and Mizuki Takahashi were appointed co-curators of Japan's pavilion at the Venice Biennale. The Sharjah Art Foundation named Angela Harutyunyan and Paula Nascimento curators of the 17th Sharjah Biennial. YDP, a new non-profit space in London, will open with a solo show by Duan Jianyu. At Sotheby's London, Yu Nishimura's painting sold for £292,100. Hong Kong collector Adrian Cheng resigned from New World Development's board.

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This week's art industry roundup covers major auction results, including Sotheby's $51.8 million sale of the Saunders Old Masters collection (a record for a single-owner sale in that category) and the $12.5 million sale of the Lalanne's 'Ostrich Bar' in Paris. The Breuer Building, purchased by Sotheby's in 2023, has been landmarked by New York City, preserving its interior during renovation by Herzog & de Meuron. Art Basel announced a new fair in Doha, Qatar, launching next February with 50 exhibitors, while Untitled Art revealed 84 exhibitors for its first Houston edition. In gallery news, Yan Du will open YDP in London, Annely Juda Fine Art is moving, and Jean-Paul Engelen joins Acquavella Galleries. Gladstone Gallery hired Julian Ehrlich from Christie's. Saudi Arabia opens its first specialized art storage facility in Jeddah. Creative Australia chair Robert Morgan retires amid controversy over the Venice Biennale team appointment, and Monash University reversed a decision to cancel an exhibition.

Event: Hammad Nasar and Billy Tang, Off the Record

ArtReview and Ursula magazine have announced a collaborative talk featuring curators Hammad Nasar and Billy Tang as part of their "Off the Record" series in London. The event, held at the Farm Shop in Mayfair, is designed as an intimate, live conversation focused on the working methods and inspirations of creative visionaries. Nasar, a veteran curator and MBE recipient, will join Tang, the Artistic Director of the new Yan Du Project, to discuss their respective practices and the evolution of creative thinking.

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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.

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Christie's Hong Kong is offering Pablo Picasso's 1944 painting *Buste de femme* with a high estimate of HK$106 million (about $13.6 million) at its 20th/21st Century evening sale, making it the top lot in Hong Kong's September sales across the three major auction houses. Other notable lots include Zao Wou-Ki's *7.3.63* (estimate HK$70–90 million) at Christie's and two Yoshitomo Nara works at Sotheby's and Phillips. In other industry moves, New York's Tilton Gallery is closing after its upcoming Ruth Vollmer exhibition; Esther Schipper Gallery now represents Lotus L. Kang; Başak Doğa Temür and Nilbar Güreş will collaborate on the Turkish Pavilion at the 2026 Venice Biennale; Yan Du Project has appointed Billy Tang as artistic director; and Phillips will auction a juvenile triceratops skeleton in New York.

A tale of two philanthropies: why private foundations differ in London and Paris

Two new private philanthropic art spaces have opened in London this month: YDP (Yan Du Projects) in Bedford Square, founded by Chinese patron Yan Du, and Ibraaz in Fitzrovia, funded by Tunisian-Swiss banker Kamel Lazaar and run by his daughter Lina Lazaar. YDP focuses on Asian and Asian diasporic art, while Ibraaz centers art of the "global majority," featuring works like Ibrahim Mahama's installation and a library by the Otolith Group. Both founders, in their early 40s, represent a younger generation of patrons prioritizing social impact over legacy.

Weekly News Roundup: July 7, 2025

The Sharjah Architecture Triennial announced its third edition theme, "Architecture Otherwise: Building Civic Infrastructure for Collective Futures," opening in November 2026, curated by Vyjayanthi Rao and Tau Tavengwa. The Noguchi Museum appointed Hitomi Iwasaki as head curator, while London nonprofit YDP announced an inaugural Duan Jianyu exhibition and permanent commissions by Christine Sun Kim and Danh Võ. Australia's Mordant family gifted major artworks to the Newcastle Art Gallery.

NBA Star Devon Booker Finds Perspective at James Turrell’s Fabled Roden Crater

NBA star Devin Booker has developed a significant connection with James Turrell’s Roden Crater, visiting the massive land art project in a dormant Arizona volcano three times since 2020. The Phoenix Suns guard has formed a mutual friendship with Turrell, who praised Booker’s artistic sensibility, while Booker credited the immersive installation with providing a sense of presence and perspective that transcends his professional basketball career.

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Chinese collector and philanthropist Yan Du will open Yan Du Projects (YDP), a new nonprofit art space in London’s Bloomsbury district this October. Housed in a Grade I-listed 18th-century Georgian townhouse on Bedford Square, YDP will host site-specific commissions, exhibitions, artist residencies, and public events focused on artists from Asian backgrounds. The opening show features Chinese painter Duan Jianyu, and the first artist-in-residence is Bangkok-based Harit Srikhao. Hong Kong-based BEAU Architects designed a modular "suitcase project" interior to respect the building’s listed status.

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The Swiss Institute held its 2025 Benefit Gala at the Rainbow Room in Rockefeller Center, honoring artists Theaster Gates and Andro Wekua, patron Yan Du, Printed Matter (under Executive Director Lesley A. Martin), and the late curator Koyo Kouoh. The evening featured an a cappella performance by Tonewall, a paddle raise, a seated dinner, and an art auction led by Simon de Pury, with works by Chloe Wise and Michèle Sandoz. Attendees included collectors Maja Hoffmann, Eva Dichand, and Carola Jain; artists Chloe Wise, Tschabalala Self, and Sarah Morris; and other cultural figures.

Chinese art collector to open non-profit in London devoted to contemporary Asian art

Chinese art collector and philanthropist Yan Du will open Yan Du Projects (YDP), a non-profit space dedicated to contemporary Asian and Asian diasporic art, in a Grade I-listed townhouse on Bedford Square, London, this October. The venue will host exhibitions, site-specific commissions, public events, and artist residencies, with an opening show by Chinese painter Duan Jianyu. Designed by Hong Kong-based Beau Architects, the space features a modular "suitcase project" interior that respects the building's listed status and reflects diasporic themes. YDP is distinct from Yan's earlier Asymmetry Art Foundation (founded 2019) and her private collection, aiming to promote under-represented Asian artists through flexible, artist-curated programming.