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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.

Billion-Dollar Divorce Drama Around South Korea’s SK Group Continues
April 09, 2020

Billion-Dollar Divorce Drama Around South Korea’s SK Group Continues

By Tae-jun Kang
The divorce case involving Chey Tae-won could reshape the governance of one of South Korea’s largest conglomerates.

China-led AIIB Approves First Emergency Loan for COVID–19 Relief
April 08, 2020

China-led AIIB Approves First Emergency Loan for COVID–19 Relief

By Ankit Panda
The institution has also announced a broader fund for COVID-19 relief efforts.
The Investment War With China: US Investment in China
April 07, 2020

The Investment War With China: US Investment in China

By Jean-Marc F. Blanchard
Part three of this series looks at American pressure on U.S. foreign direct investment in China

Asia Shares Rise Amid Hope of Slowing Coronavius Pandemic
April 07, 2020

Asia Shares Rise Amid Hope of Slowing Coronavius Pandemic

By Associated Press
Asian shares rose Tuesday, echoing the rally on Wall Street, amid a few glimmers of hope that the coronavirus pandemic could be slowing.

Afghanistan Breaks Down Its Ministry of Finance
April 07, 2020

Afghanistan Breaks Down Its Ministry of Finance

By Ibrahim Khan Jabarkhail
The attempt at reform is another step in the wrong direction.

South Korea Aims for Environmental Leadership Through Green Free Trade Agreements
April 02, 2020

South Korea Aims for Environmental Leadership Through Green Free Trade Agreements

By Annie Young Song
Environmental chapters in South Korea’s FTAs represent a way of demonstrating environmental leadership at low costs – a strategy that could be replicated in other emerging economies.

Soaring Coronavirus Cases Deepen Global Economic Gloom
April 01, 2020

Soaring Coronavirus Cases Deepen Global Economic Gloom

By Associated Press
Global stock markets skidded Wednesday as reports of rising numbers of coronavirus cases deepened the gloom over the likely impact on the world economy.
World Bank Sees Coronavirus Outbreak Hitting Asia Hard
March 31, 2020

World Bank Sees Coronavirus Outbreak Hitting Asia Hard

By Associated Press
The World Bank estimates COVID-19 will cause economic growth to slow significantly this year in China and other East Asian-Pacific countries.

How COVID-19 Is Affecting North Korea’s Economy
March 31, 2020

How COVID-19 Is Affecting North Korea’s Economy

By Gabriela Bernal
If this crisis has proven anything it’s how much the North Korean economy relies on China.

The Economic Consequences of Coronavirus in Indonesia
March 30, 2020

The Economic Consequences of Coronavirus in Indonesia

By James Guild
Indonesia is in a tough spot – waging a public health war against COVID-19 while fighting off recession using limited fiscal resources.

China’s Largest Insurer Must Walk Its Climate Talk
March 20, 2020

China’s Largest Insurer Must Walk Its Climate Talk

By Peter Bosshard
If Ping An really wants to be an “active global influencer,” it needs to rethink its coal insurance policies.
Chinese Factories Face New Threat: US Anti-Virus Controls
March 20, 2020

Chinese Factories Face New Threat: US Anti-Virus Controls

By Associated Press
Just as China reopens for business, the U.S. is shutting down amid a massive surge in coronavirus cases.

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