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All eyes on Hong Kong as Art Basel hits city, bringing tourism boost with it

Hong Kong's newest arts fair may reflect the cultural and economic value of art, but also a globalisation of culture that can stifle artistic expression

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An visitor at Sotheby's Hong Kong Gallery in Admiralty inspects 556,066,792,000, a work by Hong Hao, on display in the Boundless: Contemporary Art exhibition. Photo: Felix Wong
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As the curtain goes up on the first Hong Kong excursion of the Art Basel international art show today, it will become the focal point not just for the art world, but for the city's tourism efforts.

The Tourism Board is promoting the Asian outpost of the world's largest contemporary art fair as the centrepiece of an "Art Month", which also includes a range of satellite fairs and the irrepressible, inflatable . Even Chief Executive Leung Chun-ying will attend the fair's opening ceremony this morning - the first time the city's top leader has presided over the opening of a major art fair.

The dramatic boom in Hong Kong's art fair business since the forerunner to Art Basel - Art HK - made its debut in 2008, has resonated across the region.

So also has the emergence of the city and the West Kowloon Cultural District as centres for art auctions. Cities from Singapore to Tokyo and Abu Dhabi to Manila, are embracing art fairs not just for the lucrative business opportunities they create, but also for their power in branding the city and bringing in affluent visitors.

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But as more Asian cities rush to join the game, there are growing warnings of the key risk from the trend; the globalisation of culture via contemporary art.

"Culture is very important in marketing a city," says cultural critic and consultant Desmond Hui. "Similar to the construction of cultural districts and the cultivation of a creative economy, art fairs are part of the equation."

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