Blog
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.
Turbulent Times for Southeast Asia’s National Airlines
By James Guild
Since COVID-19 brought international travel to a grinding halt, the region's airlines have been pushed to the brink of collapse.
Hong Kong Is Still an Irreplaceable Financial Gateway for China
By Simon Shen
Hong Kong is still China’s financial gateway to the world. What happens if the West pulls back?
What Can Taiwan’s Semiconductor Industry Learn From Japan?
By Gary Xie and Sophie Grant
Taiwan’s semiconductor industry will require major restructuring if it wishes to maintain its competitive edge in the crowded global market.
COVID-19 and the Perils of International Tourism
By James Guild
Tourism has been a boon for Southeast Asia, but the pandemic has exposed the region's unhealthy dependence on foreign visitors.
Mind the Gap: How Southeast Asia Can Make the AI Leap
By Mark Manantan
Artificial Intelligence technology holds out huge potential benefits for ASEAN – if the region can close some crucial shortfalls.
Development for Whom? The Omnibus Bill and Jokowi’s Economic Vision
By James Guild
The controversial bill intends to drive a particular type of economic growth, one that prioritizes manufacturing and investment.
What Will Indonesia’s Internet Economy Look Like?
By James Guild
Absent improvements in regulation and licensing, the breakneck growth in Indonesia's digital economy will soon reach its limits.
The Age of Limited Globalization Is Upon Us
By Yuan Jiang
The pandemic has once again emphasized the winners (China) and losers (the Western lower and middle classes) of globalization.
How to Promote Chinese Foreign Trade in the Post-Pandemic Era?
By Xiaomeng Kang and Dingding Chen
As COVID-19 speeds up changes to global trade networks, China’s government and companies must adapt.
Afghanistan’s Economy – and Access to Aid – at Stake in Peace Talks
By Hanif Sufizada
Will the Taliban and the Afghan government come to terms in time to rescue the country’s fledgling economy?
Why the World Bank Torched its ‘Ease of Doing Business’ Ranking
By James Guild
In addition to encouraging bad economic policy-making, the ranking incentivized nations to game the system.
What Forced Labor in Xinjiang Means for Supply Chain Due Diligence
By Andrew Samet
Can audit firms actually credibly audit in Xinjiang? Can they actually credibly audit in China at all?