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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.
Eyeing the US Market, Vietnamese Automaker Files for New York IPO
By Sebastian Strangio
The move came two weeks after the upstart EV manufacturer VinFast shipped its first batch of completed cars to the United States.
Indonesia’s $20 Billion Energy Transition Partnership Takes Shape
By James Guild
The Just Energy Transition Partnership has laid out a roadmap to net zero, but many details are still only vaguely sketched.
Russian Oil Price Cap, EU Ban Aim to Limit Kremlin War Chest
By David McHugh
Western leaders are walking a fine line between trying to cut Russia's oil income and preventing an oil shortage that would cause a price spike and worsen inflation.
China’s Bet on Intelligent Electric Vehicles
By Shaoshan Liu
After a decade of continuous investment, China is now poised to take on global leadership of the IEV industry.
How the US Can Win the Chips War With China
By Seth D. Kaplan
Special manufacturing innovation zones are a better option than the subsidies found in the CHIPS Act.
Is the US Ready to Expand Its Strategic Economic Footprint in Southeast Asia?
By James Guild
During her recent visit to the Philippines, Vice President Kamala Harris indicated that the U.S. is ready to step up its economic engagement in strategic sectors.
The Reality of Vietnam’s Energy Transition
By Kathryn Neville
The country has emerged as a regional leader in renewables, but some thorny challenges lie ahead.
Southeast Asia’s Month of Summits
By James Guild
The three major summits showcased the region's desire to remain aloof from growing strategic tensions between Russia, China, and the West.
Taiwan’s APEC Envoy at the Center of China-US Tech Tensions
By Johnson Lai and Joe McDonald
TSMC founder Morris Chang is once again Taiwan’s representative at this week’s APEC summit.
Asia-Pacific Leaders to Tackle Trade, Sustainability in Bangkok
By Chalida Ekvitthayavechnukul
Thai officials are hoping to steer discussions away from the Ukraine war toward issues including climate change, economic disruptions, and COVID-19 recovery.
Indonesia Signs Deals to Accelerate Clean Energy Transition
By Niniek Karmini and Sibi Arasu
The agreements were an important step for the country, a major exporter of coal that has abundant green energy potential.
Asia’s Development Model Is Now Jeopardizing Its Future Economic Growth
By Saul Estrin and Simon Commander
Asia is facing an economic watershed moment. Turning the corner will require rethinking the role of its dominant, state-supported business groups.