EFEBy Paloma Almoguera Singapore

While the leaders of the world's main central banks warn that the era of moderate inflation and low interest rates has come to an end, China and other Asian countries seem to be weathering the storm, although for how much longer remains to be seen.

Bank of England Governor Andrew Bailey vowed to "do everything we can" to control inflation on Wednesday during a meeting with the leaders of the United States Federal Reserve (Fed) and the European Central Bank.

Driven by the energy and food sectors and derived, above all, from the disruption in supplies caused by the war in Ukraine and the effects of the Covid-19 pandemic, inflation has skyrocketed in much of the world.