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<br /> GLOBAL Wealth, Business and Culture: Sharp and to the Point<br /> ASIA<br /> Issue 4<br /> £25<br /> US$40 READ THE STORY BEHIND THE COVER ON PAGE 94<br /> <br /> <br /> /($'(56<br /> 5,6.<%86,1(66<br /> /<br /> et's test your knowledge: the IMF has produced a list of political allegiances that seem commonsense to a small-<br /> the ten countries whose economies it thinks will grow scale businessman operating in the streets of Juba or<br /> fastest between 2013-17. How many of them can you Conakry, say, but that will completely escape even the City's<br /> name? Take a minute. brightest brains and most thorough investigators.<br /> If you went for the BRICs, you're one-quarter right: The reality is that many developing countries are still<br /> China is in there. You might have got Mongolia, if you've p<a title="Spear's Asia page 1" href="http://viewer.zmags.com/publication/e888b1fd?page=1"> GLOBAL Wealth, Business and Culture: Sharp and to</a> <a title="Spear's Asia page 2" href="http://viewer.zmags.com/publication/e888b1fd?page=2"> </a> <a title="Spear's Asia page 3" href="http://viewer.zmags.com/publication/e888b1fd?page=3"> </a> <a title="Spear's Asia page 4" href="http://viewer.zmags.com/publication/e888b1fd?page=4"> /($'(56 5,6.<%86,1(66 / </a> <a title="Spear's Asia page 5" href="http://viewer.zmags.com/publication/e888b1fd?page=5"> INSPIRED BY PASSION One of our chefs </a> <a title="Spear's Asia page 6" href="http://viewer.zmags.com/publication/e888b1fd?page=6"> &217(176 )5$1d2,63,1$8/7 .,1*2)/8;85< +</a> <a title="Spear's Asia page 7" href="http://viewer.zmags.com/publication/e888b1fd?page=7"> ´,7+,1.7+('85$7,212)$1+2856+28/'%($3(5,2' 2)3/$<,</a> <a title="Spear's Asia page 8" href="http://viewer.zmags.com/publication/e888b1fd?page=8"> W D VQLFH XWZK\ LW )22' $QGUHZ.RMLPDILQGVK</a> <a title="Spear's Asia page 9" href="http://viewer.zmags.com/publication/e888b1fd?page=9"> LONDON'S TALLEST RESIDENTIAL TOWER† </a> <a title="Spear's Asia page 10" href="http://viewer.zmags.com/publication/e888b1fd?page=10"> Sophie McBain...Andrew Kojima... on working </a> <a title="Spear's Asia page 11" href="http://viewer.zmags.com/publication/e888b1fd?page=11"> Value Redefined ... The First Premium All-Inclusi</a> <a title="Spear's Asia page 12" href="http://viewer.zmags.com/publication/e888b1fd?page=12"> )520:,//,$0&$6+ 7 he opening </a> <a title="Spear's Asia page 13" href="http://viewer.zmags.com/publication/e888b1fd?page=13"> BORN BY PASSION AMADEO® FLEUR</a> <a title="Spear's Asia page 14" href="http://viewer.zmags.com/publication/e888b1fd?page=14"> (',725·6/(77(5 FACTS </a> <a title="Spear's Asia page 15" href="http://viewer.zmags.com/publication/e888b1fd?page=15"> LGT – your private bank in Asia. Hong Kong, Ph</a> <a title="Spear's Asia page 16" href="http://viewer.zmags.com/publication/e888b1fd?page=16"> 3(37$/. $'(9(/23,1*6725< Investors from develo</a> <a title="Spear's Asia page 17" href="http://viewer.zmags.com/publication/e888b1fd?page=17"> </a> <a title="Spear's Asia page 18" href="http://viewer.zmags.com/publication/e888b1fd?page=18"> 9,(:)5206+$1*+$, 6$7(//,7(9,6,21 Once you've pr</a> <a title="Spear's Asia page 19" href="http://viewer.zmags.com/publication/e888b1fd?page=19"> </a> <a title="Spear's Asia page 20" href="http://viewer.zmags.com/publication/e888b1fd?page=20"> How to tax astronauts It's November 2015, Major </a> <a title="Spear's Asia page 21" href="http://viewer.zmags.com/publication/e888b1fd?page=21"> Find your own dinner Ynyshir Hall is the only Re</a> <a title="Spear's Asia page 22" href="http://viewer.zmags.com/publication/e888b1fd?page=22"> Photograph by Luc Castel ‡,VVXH</a> <a title="Spear's Asia page 23" href="http://viewer.zmags.com/publication/e888b1fd?page=23"> Above: François Pinault (here in front of a Dan F</a> <a title="Spear's Asia page 24" href="http://viewer.zmags.com/publication/e888b1fd?page=24"> work, although his improved fortune and new frien</a> <a title="Spear's Asia page 25" href="http://viewer.zmags.com/publication/e888b1fd?page=25"> When Pinault speaks, his blue eyes are very l</a> <a title="Spear's Asia page 26" href="http://viewer.zmags.com/publication/e888b1fd?page=26"> (6&$3,6 7 )$17$6< Time for a new life under </a> <a title="Spear's Asia page 27" href="http://viewer.zmags.com/publication/e888b1fd?page=27"> from his yacht. His wife claims he may be hiding </a> <a title="Spear's Asia page 28" href="http://viewer.zmags.com/publication/e888b1fd?page=28"> ‡,VVXH</a> <a title="Spear's Asia page 29" href="http://viewer.zmags.com/publication/e888b1fd?page=29"> 7+( 6816+,1( (6 7$7( The timeshare tycoon,</a> <a title="Spear's Asia page 30" href="http://viewer.zmags.com/publication/e888b1fd?page=30"> save my body, even though there wasn't anything w</a> <a title="Spear's Asia page 31" href="http://viewer.zmags.com/publication/e888b1fd?page=31"> I know, but he chased me, not the other way round</a> <a title="Spear's Asia page 32" href="http://viewer.zmags.com/publication/e888b1fd?page=32"> ‡,VVXH</a> <a title="Spear's Asia page 33" href="http://viewer.zmags.com/publication/e888b1fd?page=33"> 0,6)25781( &22.,(6 `You will experience failure i</a> <a title="Spear's Asia page 34" href="http://viewer.zmags.com/publication/e888b1fd?page=34"> to the Chinese market: `Why should a Chinese HN</a> <a title="Spear's Asia page 35" href="http://viewer.zmags.com/publication/e888b1fd?page=35"> </a> <a title="Spear's Asia page 36" href="http://viewer.zmags.com/publication/e888b1fd?page=36"> 7+(*$0(2)5,6. Globalisation has brought with it c</a> <a title="Spear's Asia page 37" href="http://viewer.zmags.com/publication/e888b1fd?page=37"> Challenge and Hidden Promise of Globalization as </a> <a title="Spear's Asia page 38" href="http://viewer.zmags.com/publication/e888b1fd?page=38"> ,)$7),56 7<28 '21·768&&((' Declaring bankruptcy m</a> <a title="Spear's Asia page 39" href="http://viewer.zmags.com/publication/e888b1fd?page=39"> dren's enter</a> <a title="Spear's Asia page 40" href="http://viewer.zmags.com/publication/e888b1fd?page=40"> (',725,$/352027,21 &29(5,1* 7+(:$7(5)5217 For </a> <a title="Spear's Asia page 41" href="http://viewer.zmags.com/publication/e888b1fd?page=41"> the wealth or assets, especially if they are inex</a> <a title="Spear's Asia page 42" href="http://viewer.zmags.com/publication/e888b1fd?page=42"> *(1(7,& 02',),&$7,216 Businesses often owe their </a> <a title="Spear's Asia page 43" href="http://viewer.zmags.com/publication/e888b1fd?page=43"> MONTIGNE A Modern Classic PRICE € 16.5 millio</a> <a title="Spear's Asia page 44" href="http://viewer.zmags.com/publication/e888b1fd?page=44"> term, and especially over the financial crisis,</a> <a title="Spear's Asia page 45" href="http://viewer.zmags.com/publication/e888b1fd?page=45"> YLE MAGAZINE </a> <a title="Spear's Asia page 46" href="http://viewer.zmags.com/publication/e888b1fd?page=46"> 2+'2%(+$9( Forget derivatives and market crashes:</a> <a title="Spear's Asia page 47" href="http://viewer.zmags.com/publication/e888b1fd?page=47"> elled and seemingly safe structured products</a> <a title="Spear's Asia page 48" href="http://viewer.zmags.com/publication/e888b1fd?page=48"> 3+,/$17+583(( India's wealthiest citizens may be </a> <a title="Spear's Asia page 49" href="http://viewer.zmags.com/publication/e888b1fd?page=49"> 7 he purring antique wooden fans can coa</a> <a title="Spear's Asia page 50" href="http://viewer.zmags.com/publication/e888b1fd?page=50"> Illustration by Femke de Jong the excess of his</a> <a title="Spear's Asia page 51" href="http://viewer.zmags.com/publication/e888b1fd?page=51"> do,' she says. `It's starting to happen. There's </a> <a title="Spear's Asia page 52" href="http://viewer.zmags.com/publication/e888b1fd?page=52"> &528&+,1*7,*(5 *,9,1*'5$*21 In front of the ca</a> <a title="Spear's Asia page 53" href="http://viewer.zmags.com/publication/e888b1fd?page=53"> And then he be</a> <a title="Spear's Asia page 54" href="http://viewer.zmags.com/publication/e888b1fd?page=54"> & +(48(6 $1' % $/$1&(6 The FTSE 100 soared over t</a> <a title="Spear's Asia page 55" href="http://viewer.zmags.com/publication/e888b1fd?page=55"> turns like 2008 and 2011, which we've had less o</a> <a title="Spear's Asia page 56" href="http://viewer.zmags.com/publication/e888b1fd?page=56"> When hotels start giving themselves seven stars, </a> <a title="Spear's Asia page 57" href="http://viewer.zmags.com/publication/e888b1fd?page=57"> 7+('25&+(67(5 In 3pm Out Noon For all it</a> <a title="Spear's Asia page 58" href="http://viewer.zmags.com/publication/e888b1fd?page=58"> +27(/6 ,1'(; 7+(%(5.(/(< In 3pm </a> <a title="Spear's Asia page 59" href="http://viewer.zmags.com/publication/e888b1fd?page=59"> CENTRAL LONDON '8.(667-$0(6 In 2pm Out Noon</a> <a title="Spear's Asia page 60" href="http://viewer.zmags.com/publication/e888b1fd?page=60"> 7+(62+2+27(/ In 2pm Out 11am The Kemp Aes</a> <a title="Spear's Asia page 61" href="http://viewer.zmags.com/publication/e888b1fd?page=61"> 7+(/$1*+$0/21'21 In 3pm Out Noon Having sp</a> <a title="Spear's Asia page 62" href="http://viewer.zmags.com/publication/e888b1fd?page=62"> +27(/6 ,1'(; EAST LONDON 7+(522.(5< </a> <a title="Spear's Asia page 63" href="http://viewer.zmags.com/publication/e888b1fd?page=63"> 5(1$,66$1&(673$1&5$6 In 4pm Out Noon A ver</a> <a title="Spear's Asia page 64" href="http://viewer.zmags.com/publication/e888b1fd?page=64"> 72:1+$//+27(/ $3$570(176 In 2pm Out 11am </a> <a title="Spear's Asia page 65" href="http://viewer.zmags.com/publication/e888b1fd?page=65"> &/,9('(1 In 3pm Out 11am A hotel like Cli</a> <a title="Spear's Asia page 66" href="http://viewer.zmags.com/publication/e888b1fd?page=66"> +27(/6 ,1'(; &2:257+3$5. In 3pm</a> <a title="Spear's Asia page 67" href="http://viewer.zmags.com/publication/e888b1fd?page=67"> 7+(6$0/,1* The main In 2pm </a> <a title="Spear's Asia page 68" href="http://viewer.zmags.com/publication/e888b1fd?page=68"> :,1( 1,1(7< '(*5((6 Marlon Abela assesses the wi</a> <a title="Spear's Asia page 69" href="http://viewer.zmags.com/publication/e888b1fd?page=69"> quality. Esoteric and intellectual rather than fu</a> <a title="Spear's Asia page 70" href="http://viewer.zmags.com/publication/e888b1fd?page=70"> Brunello di Montalcino, Riserva, Soldera — </a> <a title="Spear's Asia page 71" href="http://viewer.zmags.com/publication/e888b1fd?page=71"> </a> <a title="Spear's Asia page 72" href="http://viewer.zmags.com/publication/e888b1fd?page=72"> ‡,VVXH</a> <a title="Spear's Asia page 73" href="http://viewer.zmags.com/publication/e888b1fd?page=73"> 3$1,&67$7,216 Thriving under pressure in MasterCh</a> <a title="Spear's Asia page 74" href="http://viewer.zmags.com/publication/e888b1fd?page=74"> Hukezalie replies too snappily, `Yes, guy.' He ch</a> <a title="Spear's Asia page 75" href="http://viewer.zmags.com/publication/e888b1fd?page=75"> Above: Andrew Kojima (second from left) and his f</a> <a title="Spear's Asia page 76" href="http://viewer.zmags.com/publication/e888b1fd?page=76"> . </a> <a title="Spear's Asia page 77" href="http://viewer.zmags.com/publication/e888b1fd?page=77"> The mall is home to both high-street and luxu</a> <a title="Spear's Asia page 78" href="http://viewer.zmags.com/publication/e888b1fd?page=78"> 67(,1:$< 72+($9(1 Anthony Haden-Guest flexes his </a> <a title="Spear's Asia page 79" href="http://viewer.zmags.com/publication/e888b1fd?page=79"> Left: The Sound of Harmony, a Chinese client's pi</a> <a title="Spear's Asia page 80" href="http://viewer.zmags.com/publication/e888b1fd?page=80"> 3/($685(',9,'(1' +(,*+762)238/(1&( Nick Foulkes p</a> <a title="Spear's Asia page 81" href="http://viewer.zmags.com/publication/e888b1fd?page=81"> Date: A day of panels, 26 </a> <a title="Spear's Asia page 82" href="http://viewer.zmags.com/publication/e888b1fd?page=82"> 620(56(7 1286 After reaching the top of the art w</a> <a title="Spear's Asia page 83" href="http://viewer.zmags.com/publication/e888b1fd?page=83"> Clockwise from above: Sculptures by Josephsohn in</a> <a title="Spear's Asia page 84" href="http://viewer.zmags.com/publication/e888b1fd?page=84"> people, too: `It's always been open for us. It wa</a> <a title="Spear's Asia page 85" href="http://viewer.zmags.com/publication/e888b1fd?page=85"> forward-thinking collectors, unconstrained, Wirth</a> <a title="Spear's Asia page 86" href="http://viewer.zmags.com/publication/e888b1fd?page=86"> *22' </a> <a title="Spear's Asia page 87" href="http://viewer.zmags.com/publication/e888b1fd?page=87"> Above: Philip Mould saw the Gainsborough in the p</a> <a title="Spear's Asia page 88" href="http://viewer.zmags.com/publication/e888b1fd?page=88"> laid down by Professor Ruhemann in the 1950s. Old</a> <a title="Spear's Asia page 89" href="http://viewer.zmags.com/publication/e888b1fd?page=89"> GLOBAL WEALTH, BUSINESS AND CULTURE: SHARP AND TO</a> <a title="Spear's Asia page 90" href="http://viewer.zmags.com/publication/e888b1fd?page=90"> Josh Spero feels on top of The World betwee</a> <a title="Spear's Asia page 91" href="http://viewer.zmags.com/publication/e888b1fd?page=91"> 7+(%(57+2) &,9,/,6$7,21 no one on board put it</a> <a title="Spear's Asia page 92" href="http://viewer.zmags.com/publication/e888b1fd?page=92"> Wednesday afternoon at Versailles under Louis X</a> <a title="Spear's Asia page 93" href="http://viewer.zmags.com/publication/e888b1fd?page=93"> Above, clockwise from top: The decorated streets </a> <a title="Spear's Asia page 94" href="http://viewer.zmags.com/publication/e888b1fd?page=94"> %$//(721 7+(%$/7,& The huge new Mariinsky II thea</a> <a title="Spear's Asia page 95" href="http://viewer.zmags.com/publication/e888b1fd?page=95"> It is a fitting analogy for the home of the hi</a> <a title="Spear's Asia page 96" href="http://viewer.zmags.com/publication/e888b1fd?page=96"> Sylvain Tesson and his fellow adventurers had to </a> <a title="Spear's Asia page 97" href="http://viewer.zmags.com/publication/e888b1fd?page=97"> ,17+( (03(525·6 75$&.6 Two centuries ago, </a> <a title="Spear's Asia page 98" href="http://viewer.zmags.com/publication/e888b1fd?page=98"> </a> <a title="Spear's Asia page 99" href="http://viewer.zmags.com/publication/e888b1fd?page=99"> With Russia and then Belarus disappearing in thei</a> <a title="Spear's Asia page 100" href="http://viewer.zmags.com/publication/e888b1fd?page=100"> 2))7+( ($7(175$&. The picture-perfect city of Hoi</a> <a title="Spear's Asia page 101" href="http://viewer.zmags.com/publication/e888b1fd?page=101"> Clockwise from top: Clam and lemongrass broth; cu</a> <a title="Spear's Asia page 102" href="http://viewer.zmags.com/publication/e888b1fd?page=102"> Our man on the dune Max Johnson goes into orbit o</a> <a title="Spear's Asia page 103" href="http://viewer.zmags.com/publication/e888b1fd?page=103"> security vehicles everywhere, the high fence</a> <a title="Spear's Asia page 104" href="http://viewer.zmags.com/publication/e888b1fd?page=104"> 02725,1* Once out of c</a> <a title="Spear's Asia page 105" href="http://viewer.zmags.com/publication/e888b1fd?page=105"> cially designed twenty-</a> <a title="Spear's Asia page 106" href="http://viewer.zmags.com/publication/e888b1fd?page=106"> $77+(6+$53(1' 7,0(7&+(//6 The co-founder of Art H</a> <a title="Spear's Asia page 107" href="http://viewer.zmags.com/publication/e888b1fd?page=107"> </a> <a title="Spear's Asia page 108" href="http://viewer.zmags.com/publication/e888b1fd?page=108"> &CWIJVGT9KHG$WUKPGUUNGCFGT 9JKEJEQOGUʙTUVKH[QWoT</a>