MENA turmoil cannot stop Asia outperforming West

ON ASIA

Edinburgh Dragon Trust's Andrew Gillan believes the long-term outlook for Asia remains very positive.

What is the impact of the Japan disaster on Asia? Asia's exports to Japan will be affected and similarly, the impact to the global supply chain remains uncertain at this stage. But the biggest problem for Asia is inflation. Prices have been rising across the region as economies have rebounded. Aggravating the situation has been the spike in oil prices in the wake of the political upheaval across Arab states. Asia is heavily dependent on imports of oil, the price of which drives up transport and food costs that make up a significant portion of Asian household incomes. A number of countrie...