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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.
Asia’s Strategic Realignment Amid the Collapse of Global Free Trade
By Mirza M. Hamza
Most Asian nations have are adapting to the trade war with a mix of economic realism, diplomatic agility, and selective state intervention.
Australia and Japan’s Hydrogen Partnership: Navigating Ambitions and Realities
By Antara Mascarenhas and Parul Bakshi
The slow development of Australia’s hydrogen industry brings the future of Australia and Japan’s potential hydrogen trading relationship into question.
Why the Port of Darwin’s Chinese Leaseholder May Welcome an Australian Buyout
By Colin Hawes
As Landbridge faces serious solvency issues in China, the most pressing risk threatening the port is a financial one.
The Real Threat Behind Trump’s Trade War: China’s Currency Offensive
By Li Qiang
China has been steadily working to elevate the international profile of the RMB. Though progress has been gradual, it carries real risks to the U.S. dollar’s dominance.
US Government Finalizes Tariffs on Southeast Asian Solar Imports
By Sebastian Strangio
U.S.-based manufacturers say that Chinese companies based in Cambodia, Vietnam, Thailand, and Malaysia are dumping cheap solar panels on the American market.
China’s Bet on Railways in Southeast Asia Is Starting to Pay Off
By James Guild
For all its attendant controversies, Beijing's focus on transport infrastructure is closely aligned with the region's development priorities.
Southeast Asia’s Quiet Revolt Against the Dollar: Should the US Be Worried?
By Karishma Shah
The shift away from the U.S. currency is still in its early days, but the era of unquestioned dollar supremacy may be gradually drawing to a close.
The US Flip-flop Over H20 Chip Restrictions
By Jennifer Lee
Last week, reports surfaced that the White House would still allow Nvidia to export its H20 chips to China, surprising the tech industry. Now the restrictions are back on.
The Trump Tariff Shock Should Push Indonesia to Reform Its Economy
By Panji Kusumo and Bakhrul Fikri
Rather than retaliating or kowtowing to Washington, Jakarta needs to get its own house in order.
Why ASEAN Countries Often Run Trade Surpluses
By James Guild
Many of the region's economies have pursued a model of export-oriented industrialization that was once championed and encouraged by Washington.
What a US Exit From the Information Technology Agreement Would Mean for America and the World
By Cathy Fang
Trump has abandoned the vision of a tariff-free digital and high-tech economy. That raises serious concerns about the sustained technological leadership of the United States.
How India Should Respond to Trump’s Tariff Threat
By Mohsin Raza Khan
India should take this opportunity to drop tariffs on US manufacturers to zero – for reasons that go far beyond Trump's “Liberation Day.”
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