Art Basel, the world's largest art fair held in Basel, Switzerland, has seen a significant increase in Asian collectors this year.
The Chief Executive of Art Basel, Noah Horowitz, expressed excitement over the extraordinary number of strong collectors from the Asian region attending the fair.
While the Chinese art market experienced a decline in sales in 2022 due to lockdowns and event cancellations, there has been a growing sense of optimism among dealers. The presence of Asian collectors has brought a renewed energy to the fair.
