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The accident occurred at 3PM local time, according to China’s People’s Daily Online.
The South Korean musician, known for hits like Gangnam Style, Gentleman and Hangover, was in a red Rolls Royce that collided with a bus at an intersection.
Psy was said to be on his way from an airport to a hotel.
No one was injured in the accident, and Psy left the scene in a Porsche that had been clearing the way for the Rolls Royce, People’s Daily Online says.
According to the Daily Mail, both parties involved are settling compensation and repairs privately following the accident.
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