Uncharted Territory: Culture and Commerce in Hong Kong’s Art World

Book excerpt: Hong Kong has the once in a generation opportunity to assert itself as the creative and cultural hub of Asia, and to rival the established centres of New York and London. In providing an angle unique to the city, Hong Kong could play a pivotal role in redefining the concept of a 'global' art world. But, is it ready to take on the challenge? Magnus Renfrew, art expert and one of the driving forces behind the city's ascent in the art world, outlines the recent past and paints the future of Hong Kong's creative scene, all while reflecting on his own experiences and the new buzz around Hong Kong's endless possibilities.