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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.

Despite Pandemic Slump, Foreign Buyers Maintain Share in New Zealand Housing Market
August 07, 2020

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
July 31, 2020

The Internationalization of China’s Currency in Indonesia

By Muhammad Zulfikar Rakhmat
The RMB is gradually making inroads in Indonesia.
The Greening of Indonesia-Gulf Relations
July 17, 2020

The Greening of Indonesia-Gulf Relations

By Diwangkara Bagus Nugraha and Muhammad Zulfikar Rakhmat
While deeply rooted in oil and gas, energy relations between the Gulf and Indonesia are increasingly moving toward renewables like solar.

India’s Economic Growth Is Central to a Successful Free and Open Indo-Pacific
July 15, 2020

India’s Economic Growth Is Central to a Successful Free and Open Indo-Pacific

By Max Frost and Michael Sauer
Indian growth is key to countering Chinese aggression.

China’s Banking Sector Faces Multiple Challenges After COVID-19
July 11, 2020

China’s Banking Sector Faces Multiple Challenges After COVID-19

By Yan Liang
From the economic toll of COVID-19 to the long-term implications of reforms, China's banking sector needs to tread carefully.

Globalization and Trade in a Post-Pandemic World: India’s Atma-Nirbhar Bharat Abhiyaan
July 10, 2020

Globalization and Trade in a Post-Pandemic World: India’s Atma-Nirbhar Bharat Abhiyaan

By Parth Patel, Paresha Sinha, and Suraksha Gupta
India is on a mission toward self-reliance.

Japanese Firms Exit South Korea Amid Prolonged Anti-Japan Movement
July 09, 2020

Japanese Firms Exit South Korea Amid Prolonged Anti-Japan Movement

By Tae-jun Kang
The boycott movement is still going strong, a year later.
What’s Behind China’s ‘Street-Stall Economy’ Discussion?
July 02, 2020

What’s Behind China’s ‘Street-Stall Economy’ Discussion?

By Chan Kung and Yu (Tony) Pan
China must take care not to let the current trend follow the pattern of the bicycle-sharing fiasco.

Gulf-Asia Connectivity After the COVID-19 Crisis
July 01, 2020

Gulf-Asia Connectivity After the COVID-19 Crisis

By Guy Burton
Economic and security links have been growing for decades. That will continue, even if at a slower pace.

Companies Prodded to Rely Less on China, But Few Respond
June 30, 2020

Companies Prodded to Rely Less on China, But Few Respond

By Associated Press
The pandemic has raised political pressure for companies to move out of China, but the practicalities of business keep many from doing so.

Despite Economic Turmoil, Indonesia-Australia Trade Agreement Pushes Ahead
June 26, 2020

Despite Economic Turmoil, Indonesia-Australia Trade Agreement Pushes Ahead

By Kyle Springer
In the midst of COVID-19, an unlikely trade agreement breaks through.
China’s Great Wall of Finance Shows First Signs of a Crack – in Hong Kong
June 25, 2020

China’s Great Wall of Finance Shows First Signs of a Crack – in Hong Kong

By Project 2047
Any U.S. financial sanctions on Hong Kong will break the financial lifeline for China.

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