Piyush Gupta, CEO of DBS, told CNBC, "European banks are both capital and liquidity constrained, so on the back of that it is quite clear that they are not as aggressive in the Asian markets across many businesses."

Claus Mortensen, Principal, Emerging Technologies Research at IDC says Alibaba's share price is quite low and fairly cheap compared to a year ago, making it a good time for Alibaba to buy back ownership.

Rajiv Biswas, Senior Director And Asia-Pacific Chief Economist at IHS Global Insight says its important for India to finalize a FTA deal with the EU, because the region has a lot to offer in the service and manufacturing sectors.

Luca Silipo, Chief Economist For Asia Pacific at Natixis says the big question in 2012 is how Asian policymakers will adapt to rising inflation.

Gita Wirjawan, Trade Minister of Indonesia is comfortable with the country's current inflation rates and believes the economy can grow further this year.