AI boom insulating Asia from the energy shock, for now
Asia has proved surprisingly resilient to the energy price shock triggered by the war in Iran. Subsidies and price controls have shielded consumers from much of the increase in global energy prices, while a boom in AI-related exports has provided a powerful offsetting boost to growth. Even if energy prices remain elevated in the near term, the outlook will depend more on whether the AI boom can be sustained.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.
