Collectors return to Asia’s biggest art fair despite cooling market

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Art Basel Hong Kong returned to “pre-pandemic scale,” as organizers put it, with more than 240 galleries from around the world invited to participate.

Picture Vladimir Putin, Angela Merkel and George W. Bush as 7-year-olds. Now set them on a playground. What would they talk about? Would they take turns to slide? Would the world be in a better place? It’s a thought-provoking exercise — one generated by Beijing-born artist Lí Wei’s eerie, hyperreal sculptures of six world leaders, on show this week at Art Basel in Hong Kong. Asia’s largest art fair, which concludes Saturday, has returned to “pre-pandemic scale,” as organizers put it.

” In a nod to Yoko Ono’s 1965 performance of “Cut Piece” in New York, Takata filmed models dressed like Japanese salarymen gleefully cutting fabric off each other’s suits in a homoerotic play on male masculinity. The artist said he was nervous but happy to appear at the fair for the first time. “At this moment, I’m not yet known on the international art scene but I’m getting there,” Takata said via a translator.

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