Shanghai Art Week generates buzz despite China’s slowing economy, but prices on low side
With an estimated 200-plus events and show openings, Shanghai Art Week was a celebration of the Chinese city’s connection to the world
This year’s Shanghai Art Week was bigger and better than ever, involving two weeks of exhibitions, despite concerns of a slowdown in the art market.
Anchored by two home-grown art fairs and coinciding with the China International Import Expo, Shanghai Art Week began in the second week of November in the shadow of a slowing economy.
While the art market is certainly not as robust as it was a few years ago, the city’s strong collecting culture shone through, especially among the middle class, who enjoy the collaborations between galleries and lifestyle and luxury brands that Shanghai has become known for.
And the quality of exhibitions impressed, as did the sheer number of shows and celebrations across the Yangtze River Delta.
Among the most talked about was Yin Xiuzhen’s solo exhibition “Piercing the Sky”, which runs until February 16, 2025 at the Power Station of Art in Shanghai’s Huangpu district. The exhibition is curated by prominent art historian Wu Hung and features monumental works representing different aspects of her practice.
