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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.

‘KKN di Desa Penari’ Becomes Indonesia’s Biggest Ever Homegrown Blockbuster
May 24, 2022

‘KKN di Desa Penari’ Becomes Indonesia’s Biggest Ever Homegrown Blockbuster

By James Guild
As Indonesian box office sales continue to rise, so too is the demand for locally produced films.

COVID-19 Lockdowns Bring Economic Woes for China
May 18, 2022

COVID-19 Lockdowns Bring Economic Woes for China

By Dmytro Spilka
China’s stock market woes added to a broader economic downturn in recent weeks, amid tough lockdowns in major cities.
The Economic Outlook for the Philippines Under Ferdinand Marcos Jr.
May 17, 2022

The Economic Outlook for the Philippines Under Ferdinand Marcos Jr.

By James Guild
The new president will take the reins at a time of high inflation and monetary tightening in the global financial system.

What’s Behind China’s Ban on NFTs?
May 16, 2022

What’s Behind China’s Ban on NFTs?

By Sara Hsu
Chinese authorities have made it clear that they do not welcome financial elements of the new economy, including NFTs.

Economic Stimulus Has Become Inevitable for China
May 12, 2022

Economic Stimulus Has Become Inevitable for China

By He Jun
If China wants to meet its 5.5 percent growth target, it will have to change its macroeconomic policy.

Singapore’s Hot Housing Market
May 10, 2022

Singapore’s Hot Housing Market

By James Guild
Despite government's various efforts to restrain the price of housing, costs have risen considerably since the beginning of the COVID-19 pandemic.

HSBC Break-up Pressure Marks the End of an Era
May 06, 2022

HSBC Break-up Pressure Marks the End of an Era

By Sam Goodman
The bank’s position – with huge financial stakes and close political ties in both London and Beijing – has become increasingly untenable amid growing tensions.
Are China’s Shadow Banking Regulations Contradicting Its Push for Common Prosperity?
May 05, 2022

Are China’s Shadow Banking Regulations Contradicting Its Push for Common Prosperity?

By Ben Phillips
The sector emerged for a reason: small- and medium-sized enterprises desperately need alternative sources of funding.

India’s State Insurance Company to List in Biggest IPO
May 05, 2022

India’s State Insurance Company to List in Biggest IPO

By Krutika Pathi and Ashok Sharma
The IPO for Life Insurance Corp. is expected to raise up to $2.74 billion.

Reassessing RCEP’s Implications for Digital Trade and E-Commerce
May 04, 2022

Reassessing RCEP’s Implications for Digital Trade and E-Commerce

By Jean-Marc F. Blanchard and Wei Liang
RCEP’s chapter 12 should produce digital economy opportunities in all RCEP countries, but it seems highly likely that China, Japan, and South Korea will emerge the biggest winners.

Why Indonesia Banned Palm Oil Exports
May 03, 2022

Why Indonesia Banned Palm Oil Exports

By James Guild
Palm oil firms chasing export profits were driving up costs for consumers, creating a potential political headache for the government.
China Will Help Restructure Zambia’s Debt. What Exactly Does That Mean?
April 29, 2022

China Will Help Restructure Zambia’s Debt. What Exactly Does That Mean?

By Hannah Ryder
China will work with the “Paris Club” on Zambia’s debt. Is that good or bad for Zambia?

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