Chinese authorities have concluded a major investigation into the Nanjing Museum, revealing decades of alleged mismanagement and corruption that led to nationally significant artworks being funneled into the private market.
This scandal highlights systemic issues within a major Chinese cultural institution and the vulnerability of public collections. Separately, the art market sees a major consignment of Modern masterpieces from Agnes Gund's collection to Christie's, and a notable performance artist joins a blue-chip gallery, signaling commercial expansion into new artistic mediums.