Shanghai’s West Bund District to Get 7,530-Square-Foot Foundation for Emerging Artists

A new foundation devoted to emerging and under-recognized Chinese artists will open in Shanghai’s West Bund district, where many of the city’s blue-chip art spaces are located. Led by Singapore investor David Su and Chinese artist Chen Zihao, the Longlati Foundation has pledged 3 million yuan (around $450,000) a year to fund new projects by Chinese artists born after 1990. The South China Morning Post first reported the news.
The new foundation is slated to open in West Bund’s