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.
Is a Green New Deal on the Way in Southeast Asia?
By James Guild
COVID-19 offers the region an opportunity to kick start a transition toward sustainable energy – but a host of challenges remain.
Will South Korea’s Yoo Myung-hee Be the Next WTO Leader?
By Duncan Bartlet
Complex power games surround the choice of the next director general. Will Yoo’s South Korean nationality be a help or a hindrance in her bid?
Pakistan and the Belt and Road: New Horizons for a Globalized RMB
By Muhammad Tayyab Safdar and Joshua Zabin
CPEC will be an important testing ground for the internationalization of China’s currency.
How the AIIB Grows China’s Interests in the Middle East
By Muhammad Zulfikar Rakhmat
The multilateral bank’s institutional features help entice regional players -- and advance Chinese interests in the region.
Indonesia’s Monetary Experiment
By James Guild
It's a difficult time for developing economies seeking to fund emergency measures. Indonesia has adopted a bold new strategy in response.
Tsai Takes a Political Risk to Pursue a Taiwan-US Trade Agreement
By Nick Aspinwall
Her Friday announcement that she would ease restrictions on U.S. pork and beef imports led to a backlash from opposition politicians and local farmers.
How COVID-19 Wreaked Havoc on South Korea’s Labor Market
By Vladimir Hlasny
Despite a resolute response by the government, COVID-19 has taken a serious bite out of the South Korean economy.
China, US Hold Delayed Trade Meeting to Discuss ‘Phase 1’ Deal
By Associated Press
Both the U.S. and China expressed satisfaction with the talks and the implementation of the deal thus far.
US Investment in Southeast Asia and Decoupling From China
By Jack Liu, Judy Ly, Miranda Sieg, and Ilan Simanin
No single policy is going to completely eliminate the commercial and security risks inherent in a China-dominated supply chain.
China, the World Bank, and African Debt: A War of Words
By Deborah Brautigam
Will the rising hostility between the United States and China make a comprehensive approach to debt relief more difficult in Africa?
Despite Pandemic Slump, Foreign Buyers Maintain Share in New Zealand Housing Market
By Joshua Mcdonald
The New Zealand housing market slumps by 30 percent but foreign buyers maintain their market share.
The Internationalization of China’s Currency in Indonesia
By Muhammad Zulfikar Rakhmat
The RMB is gradually making inroads in Indonesia.