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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.

What Do Tongwei and LONGi’s Struggles Say About the Future of Solar Supply Chains?

What Do Tongwei and LONGi’s Struggles Say About the Future of Solar Supply Chains?

By Chris Hankin
The two Chinese companies play a dominant role in the solar panel supply chain. Now even they are suffering from overconcentration of the solar industry.

Sri Lanka’s Many IMF Programs: What’s Changed and What Hasn’t

Sri Lanka’s Many IMF Programs: What’s Changed and What Hasn’t

By Tharindu Udayanga Kamburawala
Comparing the similarities and differences in Sri Lanka’s five latest agreements with the IMF highlights the country’s economic trajectory since 2001.
China’s Economy Slowed Last Quarter as Weak Consumer Demand Dragged on Growth

China’s Economy Slowed Last Quarter as Weak Consumer Demand Dragged on Growth

By Elaine Kurtenbach
The second quarter’s 4.7 percent growth was far below the 5.3 percent pace seen in the first quarter of 2024.

Who Will Serve as Indonesia’s Next Finance Minister?

Who Will Serve as Indonesia’s Next Finance Minister?

By Ahmad Syarif
Here are the three main contenders to take the post when President-elect Prabowo Subianto takes office in October.

Indonesia’s Prabowo Plans to Increase Debt to Fund Spending Plans

Indonesia’s Prabowo Plans to Increase Debt to Fund Spending Plans

By Sebastian Strangio
The president-elect plans to increase the country's debt-to-GDP ratio to 50 percent, up from 39 percent currently, in order to achieve his ambitious growth targets.

What’s Driving Taiwan’s Mass Protests?
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What’s Driving Taiwan’s Mass Protests?

US Tariffs Against China: It’s National Security, Stupid 

US Tariffs Against China: It’s National Security, Stupid 

By Denny Roy
Maximizing economic efficiency, the goal of most critics of tariffs, will not deliver national security.

Cebu Pacific’s $24 Billion Dollar Bet on Cheap Flights

Cebu Pacific’s $24 Billion Dollar Bet on Cheap Flights

By James Guild
The company's planned acquisition of a new Airbus fleet reflects a bullish confidence about the future of the regional tourism industry.
China’s BYD Opens EV Factory in Thailand, Expanding Regional Presence

China’s BYD Opens EV Factory in Thailand, Expanding Regional Presence

By Sebastian Strangio
The factory is the Chinese automaker's first in Southeast Asia, where it already dominates the fast-growing market for electric vehicles.

Why Indonesia’s State-Owned Railway Company Is Taking On Debt

Why Indonesia’s State-Owned Railway Company Is Taking On Debt

By James Guild
A costly China-backed high-speed rail project has increased scrutiny of Kereta Api Indonesia's finances.

Another Trade War? Escalating Friction in Indonesia-EU Relations

Another Trade War? Escalating Friction in Indonesia-EU Relations

By Michio Ueda
The discord between Indonesia and the EU over nickel and deforestation issues reflect broader challenges facing the global order. 

Indonesia Announces Hefty Tariffs on Chinese-made Goods

Indonesia Announces Hefty Tariffs on Chinese-made Goods

By Sebastian Strangio
The country’s small businesses could “collapse" under a flood of low-cost Chinese goods, the country's trade minister said.
Why Is China Stockpiling Key Resources?

Why Is China Stockpiling Key Resources?

By Bonnie Girard
Is China preparing to invade Taiwan, or just flexing its muscles to attract attention? 

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