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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.
The End of Japan’s Hydrogen Rush in Australia?
By Daisuke Akimoto
Facing bureaucratic hurdles and questionable profits, some major Japanese companies are withdrawing from their hydrogen partnerships in Australia.
What’s the Deal with COP29?
By James Guild
The annual Conference of the Parties offers nations and funders to make splashy climate announcements. Translating these into concrete action is another matter.
US Announces Fresh Round of Duties on Solar Imports From Southeast Asia
By Sebastian Strangio
The Commerce Department says that Chinese firms based in Vietnam, Cambodia, Thailand, and Malaysia are flooding the U.S. market with artificially cheap solar panels.
Why Thailand Plans to Stretch the National Budget in 2025
By James Guild
Bangkok has embarked on a course of deficit spending, in the hope of reaping economic dividends over the remainder of the decade.
Will the Trump Administration Save TikTok? What’s Next for the Platform
By Chelsea Toczauer
The social media app’s survival in the U.S. will hinge on its ability to secure legal wins, build political alliances, or adapt structurally to evolving demands.
Is China Ready for the Trump Trade War 2.0?
By Yan Liang
If China is able to seize the opportunity to revitalize its domestic economy and invigorate the multilateral system, Trump’s trade war 2.0 could end up a strategic gift to Beijing.
Indonesia’s PLN and the Clean Energy Conundrum
By James Guild
The state-owned utility has allowed private companies to expand the country's generating capacity, but it may take a different approach with solar.
Thailand to Begin Phase 2 of ‘Digital Wallet’ Stimulus in January
By Sebastian Strangio
The Pheu Thai government has also promised to introduce debt relief measures and additional stimulus programs in a bid to kick start the economy.
The IMF Sends Laos a Reality Check Over Its Finances
By Luke Hunt
The country's public debt is unsustainable, while inflation sits at 25 percent and the kip continues its freefall.
Japan’s 2 Trillion Yen AI Stimulus
By Shashank S. Patel
Tokyo is poised to roll out a long-awaited stimulus package that will enable Japanese firms to gain global share in the fields of semiconductors and artificial intelligence.
Is Xi Jinping Undermining China’s Path to Tech Superiority?
By Deborah Lehr
Once a vibrant hub for entrepreneurial activity, China’s startup scene is now facing significant challenges as venture capital funding drops.
Sister Cities: A New Era in US Pacific Diplomacy
By John Augé
The 7 for 70 Campaign will create vital people-to-people connections through new "sister city" relationships.