Asia's edge isn't just cheap labor, whether it's China, India or Japan, KKR says - CNBC

Private equity giant KKR believes that Asia's competitive advantage now lies in industrial services such as logistics, waste management, and data centers. The company recently conducted a trip to Singapore, China, and Japan, concluding that there is increasing demand for infrastructure and logistics in key markets like India, China, Indonesia, the Philippines, Vietnam, and Japan. KKR has allocated about 20% of its balance sheet to the Asian region, with some of its largest deals in the past two years occurring in Japan, particularly in automation and industrialization.

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