Asia's industrial supercycle is outpacing the West Asia oil shock: Chetan Ahya, Morgan Stanley - The Economic Times
• Morgan Stanley's Chetan Ahya reports that a China-driven supply realignment has cut gas imports by 45% and oil by 30%, adding 7.5 million barrels daily to global markets. • This shift is neutralizing energy price fears and fueling an "industrial supercycle" characterized by a broad-based capex boom in AI, energy, defense, and industrial sectors across Asia. • The trend signifies a major economic pivot where Asian industrial growth is outpacing Western trends, potentially reshaping global trade and energy dynamics.
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