Cathy Fan of Artnet News on China’s Private Museum Reckoning

In this week's episode of the ArtTactic Podcast, host Adam Green speaks with Cathy Fan, Editor-in-Chief of Artnet News China and co-author of The Asia Pivot, Artnet Pro’s biweekly newsletter on Asia’s art markets. They discuss the rise and recent reckoning of China’s private museum boom. Once symbols of cultural ambition and immense wealth, many of these institutions are now struggling to stay relevant amid shifting economic conditions and changing collector priorities. Cathy explains how China’s private museum sector developed, why it became such a powerful force in the global art market, and what led to its current challenges. She also explores how this slowdown is reshaping the broader Chinese art ecosystem and what the future may hold for these once-dominant institutions.