Why high oil prices are good news for investors in Asia

High oil prices will force Asian manufacturers to diversify, which is great news for investors because it means even more investment opportunities, says Cris Sholto Heaton.

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China's leaders don't really have the popular touch. President Hu Jintao is rarely photographed kissing babies, while Premier Wen Jiabao doesn't often open village fetes. As heads of a one-party state, they don't need to worry too much about electioneering.

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Cris Sholto Heaton

Cris Sholto Heaton is an investment analyst and writer who has been contributing to MoneyWeek since 2006 and was managing editor of the magazine between 2016 and 2018. He is especially interested in international investing, believing many investors still focus too much on their home markets and that it pays to take advantage of all the opportunities the world offers. He often writes about Asian equities, international income and global asset allocation.

Cris began his career in financial services consultancy at PwC and Lane Clark & Peacock, before an abrupt change of direction into oil, gas and energy at Petroleum Economist and Platts and subsequently into investment research and writing. In addition to his articles for MoneyWeek, he also works with a number of asset managers, consultancies and financial information providers.

He holds the Chartered Financial Analyst designation and the Investment Management Certificate, as well as degrees in finance and mathematics. He has also studied acting, film-making and photography, and strongly suspects that an awareness of what makes a compelling story is just as important for understanding markets as any amount of qualifications.