To be honest I think there is and will be a shortage of experienced captains (not pilots in general) in Asia. But also I don't expect much to change, cost cutting will come first, training and licences conversion requirements from EASA/FAA will still be unnecessarily long/complex/costly in a lot of these countries, ridiculous medical requirements etc...and above all, salaries not proportioned to all this hassle. Wouldn't hold my breath basically.
I' d say a quick paperwork-only licence conversion, 25 000 eur net per month plus housing and schooling for kids, 70 hrs a month average, will most definitely solve any shortage problems.