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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.

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Can the Biden-Xi Summit Chart the Course to a Stabilized China-US Economic Relationship?

Can the Biden-Xi Summit Chart the Course to a Stabilized China-US Economic Relationship?

By Bai Peng
The differing interpretations of de-risking by China and the United States highlight the profound unease with which they view the current state and trajectory of their economic relations.
Addressing Critical Minerals Governance in Indonesia-US Relations

Addressing Critical Minerals Governance in Indonesia-US Relations

By Bhima Yudhistira, Yeta Purnama, and Muhammad Zulfikar Rakhmat
Ahead of President Joko Widodo's visit to Washington, serious obstacles stand in the way of cooperation in the vital minerals sector.

Bleak Prospects for an Indonesia-US FTA on Critical Minerals

Bleak Prospects for an Indonesia-US FTA on Critical Minerals

By Fajar Hidayat
Indonesia is keen to get increased access to the U.S. market, but China’s heavy presence in the country is causing concern in Washington. 

Intel Backs Out of Planned Vietnam Chip Expansion, Report Claims

Intel Backs Out of Planned Vietnam Chip Expansion, Report Claims

By Sebastian Strangio
According to a Reuters report, the company expressed concerns about the country's excessive bureaucracy and unstable power supply.

Adjusting Pakistan’s Tech Sector Priorities 

Adjusting Pakistan’s Tech Sector Priorities 

By Kashif Hussain
Pakistan’s IT exports nearly doubled over the past five years, but that rate of growth is not sustainable – unless the government takes drastic action.
3 Takeaways From Indonesia’s Just Energy Transition Roadmap

3 Takeaways From Indonesia’s Just Energy Transition Roadmap

By James Guild
Will the market-based mechanism of the Just Energy Transition Partnership be able to match funding with feasible renewable energy projects?

Resolving India’s AI Regulation Dilemma

Resolving India’s AI Regulation Dilemma

By Shaoshan Liu and Jyotika Athavale
Which model best suits India: the U.K., U.S., EU, or China path? 
Streamlining Japanese Investments in Indian Start-ups: What’s Missing?

Streamlining Japanese Investments in Indian Start-ups: What’s Missing?

By Chitrali Parashar
While India's growth figures are attractive to Japanese investors considering long-term strategies, there is a challenge in converting this interest into short-term investment plans.

Thailand Announces Reduced Subsidies for EVs as Sales Boom

Thailand Announces Reduced Subsidies for EVs as Sales Boom

By Sebastian Strangio
The Thai government is hoping to maintain the upward trajectory of EV sales while reducing pressure on its budget.

The De-risking State in Southeast Asia

The De-risking State in Southeast Asia

By James Guild
Investors want high returns to be had in emerging markets, but they also want to lower their risk of exposure. Often, the state is the one expected to “de-risk” the investment.

India’s AI Regulation Dilemma

India’s AI Regulation Dilemma

By Shaoshan Liu
The Indian government has oscillated between a non-regulatory approach, to foster innovation, and a more cautious one, with an emphasis on mitigating user harm.
China vs US Approaches to AI Governance

China vs US Approaches to AI Governance

By Adam Au
Their differing approaches to regulation carry global significance as an AI arms race unfolds between the two fierce rivals.

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