Part of an exhibition by Sol LeWitt and Zhang Xiaogang at the Pace Gallery in Beijing, which recently closed. Its American owner says the US-China trade war was the last straw in what was already a difficult business environment. Photo: Darbu Photography Studio
Part of an exhibition by Sol LeWitt and Zhang Xiaogang at the Pace Gallery in Beijing, which recently closed. Its American owner says the US-China trade war was the last straw in what was already a difficult business environment. Photo: Darbu Photography Studio

US-China trade war blamed for Pace Gallery Beijing’s closure, but is it last straw for art market? Two views

  • It’s impossible to do business in China, American art market grandee Arne Glimcher said of his Pace Gallery closing in Beijing, with trade war the latest blow
  • Another gallerist whose space in Beijing recently closed also cites threat of tariffs, but a veteran art dealer in China says business has never been so good

Part of an exhibition by Sol LeWitt and Zhang Xiaogang at the Pace Gallery in Beijing, which recently closed. Its American owner says the US-China trade war was the last straw in what was already a difficult business environment. Photo: Darbu Photography Studio
Part of an exhibition by Sol LeWitt and Zhang Xiaogang at the Pace Gallery in Beijing, which recently closed. Its American owner says the US-China trade war was the last straw in what was already a difficult business environment. Photo: Darbu Photography Studio
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