You where do you see the biggest impact From the ukraine tensions on asian Assets Yeah right now is really the uncertainty As regards to what's going to happen There because obviously if there's Further tensions that can create Potentially Spikes in oil prices that can create Potentially unwanted inflationary Pressures and so as a whole We believe that that's just really going To create more volatility and Uncertainty into the marketplace right Now especially approaching Earnings season I want to talk about china because our Former guest was telling us that china Is playing as a safe haven right now Given the national party congress that We're expecting later this year amid all Of this uncertainty is this really the Place to be It definitely is because the fact is That you know during you know the the Year where we have a national student Congress where specifically you know new Leaderships will be uh will be formed We've seen that you know sort of over The past uh you know sort of the past Few times when this has happened the Fact is that uh the markets actually do Go up by roughly around 20 30 percent And statistically markets dewey rate and
Given the fact that chinese equity Market did underperform last year and a Couple of that with valuations where Right now chinese equity markets are you Know trading roughly around 15 tons Forward earnings There's definitely a lot of Opportunities there especially knowing For a fact that you know in a particular You know policy year like what we have This year there's probably gonna be a Lot more accommodative measures in order To really help stimulate and to support The economy in china How do you apply that infrastructure Push then Um again you know the infrastructure Push could be something that you know That continues but the fact is that we Believe the push is going to be much More towards consumption we believe Specifically that push is still going to Be much more towards you know some of The new economy some of that push Towards around you know ev solar Around batteries this is really going to Be sort of where the policy tailwind Should take chinese corporates this year Uh do you feel like the property sector Is adequately ring fenced now Um to some extent because you know Looking at some of the initial numbers That were reported you know during the The cmy holiday period especially when
Uh you know maybe not everybody was able To go out you know whether it be a tier One tier two tier three cities we have Definitely seen you know uh for instance Signs of uh gradual declines in terms of Overall property sales and potentially Property demand We know for a fact that uh you know Specifically regulators are gonna be Much more control in terms of you know Allowing the amount of gearing that uh Property companies can have so we think As a whole Um the government does definitely seem To have a control over sort of supply as Well as the demand side for the property Sector in china especially in the short Term and ken all morning i've also heard About the strength of the u.s consumer And its spending power what do you think Of that when inflation is rising and it Seems that finally starting to hit Consumer sentiment is this a place where You can wager on Um it is to some extent because you know That is very much a you know sort of a U.s consumer type of approach right now Where you know services sectors aren't You know doing as strongly as the goods Sector but the fact is that when you Look at overall inflationary pressures Here in this part of the world and you Know we've been talking about china the Fact is that sea time inflation in china
Is actually quite low Inflationary pressures across a lot of Other countries in asia you know while Still a bit higher than what we saw over The past couple of years they're still In a very much more controllable range So specifically right now a lot of that Shift and attention on inflation Pressure you know really has to do with What we're seeing in the u.s and to some Extent in certain parts of europe as Well
