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Japan sculpts new tax rules in push to become Asian art hub

Tokyo eyes new galleries and fairs, though topping Hong Kong seen as unlikely

TOKYO -- Japan pictures becoming an Asian hub for art trading, having eased tax rules to encourage fairs and galleries at free port areas.

Tokyo's effort comes as Hong Kong, the region's largest art market and a global hub alongside New York and London, copes with a national security law that threatens to disrupt creative expression.

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