Shanghai is the setting for Five Star Billionaire, Tash Aw's novel about five people who descend upon the Chinese metropolis and chase their dreams. Juergen Effner / picture-alliance / dpa / AP Photo
Shanghai is the setting for Five Star Billionaire, Tash Aw's novel about five people who descend upon the Chinese metropolis and chase their dreams. Juergen Effner / picture-alliance / dpa / AP Photo

The Shanghai stories of Tash Aw's third novel Five Star Billionaire



In his third novel, Tash Aw focuses on the dreams and schemes of five characters who have come to China’s largest metropolis to strike it rich. Presented as a self-help guide, it has an omnipresent sixth character – the city itself, writes Malcolm Forbes

"My good sir, if you will only consider how much Shanghai has changed over the years," says a character in Kazuo Ishiguro's 2000 novel,

When We Were Orphans

. "Everything, everything has changed and changed again." The time was 1937. Since then Shanghai has undergone even more transformations and today can lay claim to being both China's thumping economic heart and the biggest city in the world. Its population continues to expand because outsiders flock to the metropolis to get a piece of the action and make their fortune. With luck, some of the city's success can rub off on them.

In the world of fiction, success stories don't sell. Fiction prefers flops, or at least falls from grace. Dickens is more credible, and by extension more readable, when callously crushing his bright-eyed optimists with the incubus of interminable court cases than slickly reversing fortunes by way of convenient benefactors. Tales of success are best confined to real-life chronicles. They are the domain of the self-help guide, the rags-to-riches, heart-on-sleeve journeys shared by provincial losers turned international tycoons.

Five Star Billionaire, the third novel by Tash Aw - a writer born in Taipei, brought up in Malaysia and now living in London - charts the get-rich-quick schemes and dreams of five disparate characters that have descended on Shanghai and pinned their hopes on the city. It follows the lead of an earlier fiction release this year, Mohsin Hamid's How to Get Filthy Rich in Rising Asia, in that it fictionalises the self-help guide. Aw's chapters have advisory titles like "Choose the Right Moment to Launch Yourself" or "Be Prepared to Sacrifice Everything". Indeed, the chapters concerning self-made Walter Chao are supposedly excerpts from his autobiographical self-help bible, Secrets of a Five Star Billionaire, each of them headed with different "How-to wisdom".

If Hamid's novel dealt with a rising Asia, Aw's centres upon a city that has already risen. As a result, his cast is faced with a wealth of unexpected challenges: not every door is open, and many commercial avenues were long ago sealed off. Opportunity exists but isn't as bottomless as before. Phoebe, a recent arrival, faces the greatest slog - mired in factory work, thwarted by one broken promise after another, until the theft of another woman's ID card and the hard-won decision to find a rich man presents a way out. In contrast, Justin is "an unspectacular but canny businessman" who belongs to a rich dynasty swimming in old money. However, after realising the property game is not for him, he breaks down, burns out and slowly attempts to slough off his self-loathing and rebuild his life as the family empire goes bust. Gary is a manufactured pin-up pop star who also goes off the rails due to the overbearing pressure to succeed. We watch him unravel - fighting in bars, addicted to internet porn, suffering from insomnia - and fail disastrously, and then forge a new, lowlier career from the wreckage. LSE-educated Yinghui, described in the Shanghai Daily as "a super-efficient, humourless automaton", has flourishing upmarket lingerie stores and a high-class spa but is willing to take uncalculated risks to enlarge her influence. Walter Chao, the mogul who has truly made it, is also a philanthropist ("the work that really matters to me - the business of giving") but the more we read, the more we wonder if his intentions are entirely honourable.

The novel unfolds with each chapter revolving around each of its characters. Aw's acclaimed debut novel, The Harmony Silk Factory (2005), clung to a similar pattern but with four characters in Malaya in the run-up to war. This time around his characters, Malaysian expats in contermporary China, feel more rounded, both the high-flyers and those on the skids. Some of them meet, some only come close. Justin befriends Phoebe's flatmate. Justin's brother once dated Yinghui. Phoebe used to have a poster of Gary on her wall. When the characters begin to interconnect, either through chance encounters or deeper and deliberate exchanges, we glimpse more revealing angles and hitherto unseen facets. Aw's cast explores Shanghai while we examine them through stealthy kaleidoscopic shifts, a series of accretions and subtractions that never quite give us the perfect whole. The dilemma for a novelist who fractures his book in such a way is that he becomes a kind of plate-spinner, forced to keep each of his separate parts aloft, at play. If a character fails to mesmerise then we baulk when forced to wade through another chapter devoted to him. By the same token, we bid those that we like farewell at the end of their segment and must wait 50 pages until they reappear. One less-than-compelling character won't necessarily ruin such a novel but it will dent the narrative and impede its momentum. In the main, Aw pulls off his authorial feat. If there is a weak link it is pop star Gary, whose switch from a superstar selling out stadiums to a struggling start-again artist playing gigs in shopping malls feels hastily sketched and packed with clichés.

That said, Aw is too good a writer for us to dismiss these sections completely. Gary's failure - as all failure in fiction - still commands our attention. Aw delineates Gary's downfall and in doing so turns us into gloating tabloid readers, reveling in schadenfreude, "only interested in his fall, not his mediocrity. Only the sensational has a right to exist in the pages of modern life; there is no space for the ordinary". Passages like this show Aw retracting his lens from his Shanghai scrutiny and pointing it at the world at large. Five Star Billionaire tracks five characters in Shanghai but their success and our reaction to it is more universal, not solely confined to one character in one place. Consequently, each of Aw's characters is a kind of everyman anywhere.

Aw doesn't take many linguistic risks, and certain phrasing seems skew-whiff. A top restaurant is "a classy joint"; Phoebe thinks Gary is "so dreamy"; swindlers and liars are "bamboozlers"; a youthful, more wayward Gary is a "miscreant". Great slabs of backstory are diverting but shine little light on the present. When Aw lingers too long around a character's earlier years, we find ourselves concurring with Walter, who says, "the past is the past - what's important is what one does next".

A final quibble is that while there is much pleasure to be had in witnessing these lives interlocking - to the extent we smile when acknowledging each gentle click of coincidence - there comes a point when contact becomes so convenient we begin to doubt Shanghai's size. Aw's characters suddenly evolve from small fish in a large pond into large fish (plus one shark) in a large pond. A last word should go to the star of the show, the novel's sixth character - Shanghai. Walter tells Phoebe it is a beautiful but harsh place. "Life here is not really life, it is a competition," and Aw is as adept at rendering both the reality of the megacity and its illusory charm. Gone are the temples, opium dens and low-lane houses of Ishiguro's world or the beguiling fiction of Eileen Chang.

Instead, what we get is modernity at its most bracing. Justin views the skyscrapers from his window, taking in "their electric personalities" at night, and on misty days observes their "geometric shapes shattering into a million fragments before regrouping". Gary and Phoebe aspire to or feed off the city's energy, "the fast-forward glitter of Shanghai" but are like moths to a flame. Yinghui gets closest to the place by highlighting its breakneck pace, how "despite the restaurants and shops and art galleries and the feeling of unbridled potential, Shanghai would always seem to be accelerating a couple of steps ahead of you, no matter how hard you worked or played".

That other money-obsessed novel, George Orwell's Keep the Aspidistra Flying, features an impoverished protagonist who is nonetheless determined to stay pure from the "money-stink" and all its foul trappings. Five Star Billionaire is its polar-opposite, its four leads either desperate to be as "superabundantly, incalculably wealthy" as Walter, or working at ways to accept their given lot.

Money lies at the heart of the novel but, as with Orwell's, so too does loneliness; these are hollow lives in dire need of enrichment.

Mercifully, Aw resists any moralising at the end, leaving the reader to draw his own conclusions from these characters' fates and to decide how forgiving Shanghai is and whether it allows second chances. This is a fine, cleverly orchestrated novel, the majority of its sections playing in tune with conviction and brio.

Malcolm Forbes is a freelance essayist and reviewer.

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Profile of Bitex UAE

Date of launch: November 2018

Founder: Monark Modi

Based: Business Bay, Dubai

Sector: Financial services

Size: Eight employees

Investors: Self-funded to date with $1m of personal savings

The specs

Engine: four-litre V6 and 3.5-litre V6 twin-turbo

Transmission: six-speed and 10-speed

Power: 271 and 409 horsepower

Torque: 385 and 650Nm

Price: from Dh229,900 to Dh355,000

The rules on fostering in the UAE

A foster couple or family must:

  • be Muslim, Emirati and be residing in the UAE
  • not be younger than 25 years old
  • not have been convicted of offences or crimes involving moral turpitude
  • be free of infectious diseases or psychological and mental disorders
  • have the ability to support its members and the foster child financially
  • undertake to treat and raise the child in a proper manner and take care of his or her health and well-being
  • A single, divorced or widowed Muslim Emirati female, residing in the UAE may apply to foster a child if she is at least 30 years old and able to support the child financially
NO OTHER LAND

Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal

Stars: Basel Adra, Yuval Abraham

Rating: 3.5/5

The bio

Favourite book: Peter Rabbit. I used to read it to my three children and still read it myself. If I am feeling down it brings back good memories.

Best thing about your job: Getting to help people. My mum always told me never to pass up an opportunity to do a good deed.

Best part of life in the UAE: The weather. The constant sunshine is amazing and there is always something to do, you have so many options when it comes to how to spend your day.

Favourite holiday destination: Malaysia. I went there for my honeymoon and ended up volunteering to teach local children for a few hours each day. It is such a special place and I plan to retire there one day.

Book%20Details
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In numbers: PKK’s money network in Europe

Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010

Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille

Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm

Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year

Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”

Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners

TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013 

Dubai World Cup prize money

Group 1 (Purebred Arabian) 2000m Dubai Kahayla Classic - $750,000
Group 2 1,600m(Dirt) Godolphin Mile - $750,000
Group 2 3,200m (Turf) Dubai Gold Cup – $750,000
Group 1 1,200m (Turf) Al Quoz Sprint – $1,000,000
Group 2 1,900m(Dirt) UAE Derby – $750,000
Group 1 1,200m (Dirt) Dubai Golden Shaheen – $1,500,000
Group 1 1,800m (Turf) Dubai Turf –  $4,000,000
Group 1 2,410m (Turf) Dubai Sheema Classic – $5,000,000
Group 1 2,000m (Dirt) Dubai World Cup– $12,000,000

Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
A MINECRAFT MOVIE

Director: Jared Hess

Starring: Jack Black, Jennifer Coolidge, Jason Momoa

Rating: 3/5

Things Heard & Seen

Directed by: Shari Springer Berman, Robert Pulcini

Starring: Amanda Seyfried, James Norton

2/5

The specs
Engine: 2.0-litre 4-cyl turbo

Power: 201hp at 5,200rpm

Torque: 320Nm at 1,750-4,000rpm

Transmission: 6-speed auto

Fuel consumption: 8.7L/100km

Price: Dh133,900

On sale: now 

Ms Yang's top tips for parents new to the UAE
  1. Join parent networks
  2. Look beyond school fees
  3. Keep an open mind
How to report a beggar

Abu Dhabi – Call 999 or 8002626 (Aman Service)

Dubai – Call 800243

Sharjah – Call 065632222

Ras Al Khaimah - Call 072053372

Ajman – Call 067401616

Umm Al Quwain – Call 999

Fujairah - Call 092051100 or 092224411

WHAT IS A BLACK HOLE?

1. Black holes are objects whose gravity is so strong not even light can escape their pull

2. They can be created when massive stars collapse under their own weight

3. Large black holes can also be formed when smaller ones collide and merge

4. The biggest black holes lurk at the centre of many galaxies, including our own

5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed

Liverpool’s fixtures until end of 2019

Saturday, November 30, Brighton (h)

Wednesday, December 4, Everton (h)

Saturday, December 7, Bournemouth (a)

Tuesday, December 10, Salzburg (a) CL

Saturday, December 14, Watford (h)

Tuesday, December 17, Aston Villa (a) League Cup

Wednesday, December 18, Club World Cup in Qatar

Saturday, December 21, Club World Cup in Qatar

Thursday, December 26, Leicester (a)

Sunday, December 29, Wolves (h)

MATCH INFO

Fixture: Thailand v UAE, Tuesday, 4pm (UAE)

TV: Abu Dhabi Sports

The Bio

Favourite place in UAE: Al Rams pearling village

What one book should everyone read: Any book written before electricity was invented. When a writer willingly worked under candlelight, you know he/she had a real passion for their craft

Your favourite type of pearl: All of them. No pearl looks the same and each carries its own unique characteristics, like humans

Best time to swim in the sea: When there is enough light to see beneath the surface

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Dark Souls: Remastered
Developer: From Software (remaster by QLOC)
Publisher: Namco Bandai
Price: Dh199

At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances