Are Chinese Buyers Bowing Out of the Art Market?

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Are Chinese Buyers Bowing Out of the Art Market?
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A disappointing sale at Sotheby’s Hong Kong suggests that China’s art-buying spree may be over

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A disappointing Sotheby’s Hong Kong sale of art amassed by Liu Yiqian and Wang Wei, shown here at a Christie’s auction in 2015, suggests the tide could be turning.This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

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