Asian vs inhabitant

Asian and inhabitant both are nouns.

Word	Noun	Adjective	Verb	Adverb
Asian	Yes	Yes	No	No
inhabitant	Yes	No	No	No

As nouns, inhabitant is a hypernym of Asian; that is, inhabitant is a word with a broader meaning than Asian:

Other hypernyms of Asian include denizen, dweller, habitant, indweller, person of color, person of colour.

Asian (noun)	inhabitant (noun)
a native or inhabitant of Asia	a person who inhabits a particular place

Asian (adjective)	inhabitant (adjective)
of or relating to or characteristic of Asia or the peoples of Asia or their languages or culture