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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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China’s Digital Payment Revolution: Lessons for Libra
July 16, 2019

China’s Digital Payment Revolution: Lessons for Libra

By Dongyao Nie
China’s cashless revolution shows the potential impacts of Facebook’s Libra project.
A Deeper Look at Vietnam’s Trade Deal With Europe
July 12, 2019

A Deeper Look at Vietnam’s Trade Deal With Europe

By Stuart Brown
The EU’s drive to become the defender of multilateralism promises further opportunities for Southeast Asia.

How Chinese Mobile Money Technology Can Mitigate Excess Sovereign Debt
July 05, 2019

How Chinese Mobile Money Technology Can Mitigate Excess Sovereign Debt

By Xiaochen Su
China could share its experience in fintech to help developing countries raise their tax income.

Cambodia and Vietnam in the US-China Trade War: Not All Good News
July 02, 2019

Cambodia and Vietnam in the US-China Trade War: Not All Good News

By Chen Gong and Yu Zhongxin
Both countries face opportunities, but investors cannot overlook the lingering risks.

Understanding China’s Bond Ratings
June 27, 2019

Understanding China’s Bond Ratings

By Kate Jaquet
Discrepancies between local rating practices and international standards pose a headache for investors.
Presidential Hopeful Terry Gou Will Step Down as Chairman of Foxconn
June 21, 2019

Presidential Hopeful Terry Gou Will Step Down as Chairman of Foxconn

By Johnson Lai
The announcement comes as Gou eyes a presidential bid in Taiwan.

World Shares Rise With Hopes for US-China Truce
June 21, 2019

World Shares Rise With Hopes for US-China Truce

By Elaine Kurtenbach and Matt Ott
Confirmation that Trump and Xi will meet in Japan next week buoyed world markets.
India’s Loss of GSP Status Is a Diplomatic, Not an Economic, Setback
June 15, 2019

India’s Loss of GSP Status Is a Diplomatic, Not an Economic, Setback

By Priyanka Pandit
The inability to avert the end of the preferential trade status calls into question New Delhi’s strong bilateral ties with Washington.

Trade War Clouds Outlook as Finance Chiefs Meet in Japan
June 07, 2019

Trade War Clouds Outlook as Finance Chiefs Meet in Japan

By Elaine Kurtenbach
The U.S.-China trade war will loom large over the G-20’s annual financial gathering.

Chinese Media Suggest Rare Earth Embargo on US Amid Trade War
May 30, 2019

Chinese Media Suggest Rare Earth Embargo on US Amid Trade War

By Paul Wiseman, Frank Bajak, and Yanan Wang
Chinese media warn that Beijing could strike back harder as the trade war continues.

China's Latest Economy Data Calls for Caution
May 22, 2019

China's Latest Economy Data Calls for Caution

By Yu Zhongxin
China's economic data for April came in below expectations, in sharp contrast to rosy data from 2019's first quarter.
Reforming the Chiang Mai Initiative
May 21, 2019

Reforming the Chiang Mai Initiative

By Mie Oba
Can East Asia come together to strengthen its financial system?

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