The Guangdong Times Museum in Guangzhou, a private art museum in China’s Guangdong province, announced in August that it was suspending all physical programmes due to cutbacks by its backer, Times Property. Photo: Guangdong Times Museum
The Guangdong Times Museum in Guangzhou, a private art museum in China’s Guangdong province, announced in August that it was suspending all physical programmes due to cutbacks by its backer, Times Property. Photo: Guangdong Times Museum
Art

Wake-up call for China’s private art museums as property-market slump claims top Guangzhou institution

  • The closure of the Guangdong Times Museum highlights the danger of private art museums being financially dependent on one company
  • Other factors, such as an increasingly challenging political environment, threaten China’s love affair with private museums, which numbered around 1,860 in 2021

The Guangdong Times Museum in Guangzhou, a private art museum in China’s Guangdong province, announced in August that it was suspending all physical programmes due to cutbacks by its backer, Times Property. Photo: Guangdong Times Museum
The Guangdong Times Museum in Guangzhou, a private art museum in China’s Guangdong province, announced in August that it was suspending all physical programmes due to cutbacks by its backer, Times Property. Photo: Guangdong Times Museum
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