Art Market Minute
The Rise of Tech-Funded Art Spaces in China
Plus, Art Dubai postpones its next edition and Art Basel has a new event in the works.
Sonia Manalili &
Margaret Carrigan
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Shenzhen—long known as one of China’s leading tech hubs—is now making a serious push to become a player in the global art world. This year, tech giants JD.com and Tencent announced plans to launch new museums in Shenzhen, appointing respected art world figures Robin Peckham and Pi Li to lead them. The shift signals a broader trend: major technology companies stepping into cultural development, potentially reshaping how art institutions are funded and built in China.
Art Dubai 2025. Photo: Cedric Ribeiro/ Spark Media for Art Dubai.
Plus, Art Dubai has delayed its landmark 20th edition as the ongoing war in Iran reverberates across the Middle East. And Art Basel has been quietly planning a major expansion, but not another art fair—what is it?
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