Hong Kong Passes New National Security Legislation Amid Art Market Optimism
Despite the enactment of Article 23, Hong Kong's art scene thrives, showcasing resilience and growth ahead of Art Basel Hong Kong.
- Hong Kong lawmakers unanimously passed Article 23, a national security legislation, adding to the city's existing national security laws.
- Art Basel Hong Kong returns to its pre-pandemic size with 243 galleries from 40 countries, reflecting confidence in the local art market.
- The Hong Kong International Cultural Summit aims to position the city as a global cultural exchange hub, amidst the backdrop of new security laws.
- Real estate and cultural institutions continue to invest in Hong Kong's art scene, indicating a strong market despite potential censorship concerns.
- Critics express concern over the vague provisions of Article 23, fearing it may impact freedom of expression and safety of artists in Hong Kong.