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Pacific Money
The 21st century is commonly referred to as the 'Pacific Century.' For such a prediction to materialize, the economies of the Asia-Pacific must lead the globe. What challenges will the region face? What nations stand to benefit most? The Diplomat's economics and business blog, Pacific Money, will try to tackle these questions and more.
COVID-19 Drives Uptake of Digital Payment Systems
By Sebastian Strangio
The pandemic has accelerated the region's existing embrace of mobile payment apps and other digital technologies.
Chinese Subsidies: A Threat to US Competitiveness?
By Sara Hsu
Are Chinese subsidies to firms in strategic sectors a threat to the competitiveness of U.S. companies?
As China Ditches High Growth, the World Must Adjust
By Michael Hirson, Tsveta Petrova, and Rickard Nyman
Observers of China’s economy need to become more sophisticated in their understanding Beijing’s evolving and competing policy priorities as growth targets fall out of favor.
Vietnam Looks To Go Big on Transport Infrastructure
By James Guild
Investment in infrastructure is vital if Vietnam is to remain on the path to eventual high-income status.
Facing $11B Tax Bill, Samsung Heirs Donate Massive Art Trove
By Kim Tong-hyung
The family plans to donate 23,000 art pieces from Lee's personal collection to two state-run museums.
Southeast Asia and the ‘Just Transition’ to Clean Energy
By James Guild
Despite talk of a green transition, some Southeast Asian governments still have strong economic incentives to cling to fossil fuels.
What’s Driving the Flurry of Financial Activity in Southeast Asia’s Tech Sector?
By James Guild
With a wave of mergers and IPOs in the works, Southeast Asia's tech giants stand to get even bigger.
Singapore Eyes SG$90 Billion in Infrastructure Bonds
By James Guild
For the first time in 40 years, the state is seeking to borrow money to fund long-term infrastructure improvements.
China’s Exports Rise as Global Demand Revives
By Joe McDonald
Chinese exports to the United States jumped 53.6 percent in March to $38.7 billion despite tariff hikes still in place on Chinese goods.
Sacred Sustainability: Singapore, Greening, and Biophilic Design
By Abhinav Seetharaman
Singapore's sustainable development strategies have played an important but unheralded role in the country's economic success.
How Independent Should Bank Indonesia (or any Central Bank) Be?
By James Guild
It is worth questioning the dictum that central banks should occupy their own autonomous policy space.
How Will China’s Sovereign Digital Currency Affect Fintech?
By Sara Hsu
China’s sovereign digital currency is likely to have a mainly positive impact on the fintech sector.