Visitors to this year’s Art Basel Hong Kong at the Hong Kong Convention and Exhibition Centre. Photo: James Wendlinger

Chinese art collectors rein in their spending as Beijing’s capital controls begin to bite

  • Curbs on taking money out of China, the threat of US tariffs on exports and the slowing economy have blunted Chinese buyers’ appetite for contemporary art
  • However, high-quality works, and art new to Asia such as that at Art Basel, will still find buyers, one Chinese art market player says
Topic |   Art Basel

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Visitors to this year’s Art Basel Hong Kong at the Hong Kong Convention and Exhibition Centre. Photo: James Wendlinger
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