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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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Why Indonesia Needs to Reform Its System of Energy Subsidies

Why Indonesia Needs to Reform Its System of Energy Subsidies

By I Dewa Made Raditya Margenta and Filda C. Yusgiantoro
State subsidies help keep energy affordable for low-income Indonesians. They may also be holding up its green energy transition.
China’s Delivery Drone Rollout: Slow but Steady

China’s Delivery Drone Rollout: Slow but Steady

By Sara Hsu
China has increased the use of delivery drones to resolve the issue of distant rural deliveries as well as high urban demand pressures.

Return of Industry and Loosening of Tech Restrictions Paves the Way for Chinese Stock Recovery

Return of Industry and Loosening of Tech Restrictions Paves the Way for Chinese Stock Recovery

By Dmytro Spilka
Despite the strong recovery, the situation in China remains volatile. 

What Do High Oil Prices Mean for Clean Energy in Southeast Asia?

What Do High Oil Prices Mean for Clean Energy in Southeast Asia?

By James Guild
Net energy importers may be forced into a quicker transition, but the same is not true of nations with a large amount of oil and gas at their disposal.

China’s Up-and-Coming Sports Gear Makers: When Politics Meets Business

China’s Up-and-Coming Sports Gear Makers: When Politics Meets Business

By Nils Bayer
China’s indigenous sports apparel companies have made great strides in their domestic market, in part by embracing the CCP’s line. That decision poses steep hurdles for their expansion abroad.
India’s Urban Unemployment Crisis

India’s Urban Unemployment Crisis

By Rupa Kumari
The urban unemployment crisis, sparked by the COVID-19 pandemic, continues to drag India’s economy down.

Garuda Indonesia Strikes Debt Restructuring Deal

Garuda Indonesia Strikes Debt Restructuring Deal

By James Guild
The arrangement will help keep the partly state-owned airline airborne for the foreseeable future.
What the Federal Reserve’s Rate Hikes Mean for Southeast Asia

What the Federal Reserve’s Rate Hikes Mean for Southeast Asia

By James Guild
Despite some short-term pain, most of the region's economies should be in relatively sound position to ride out the Fed's monetary tightening.

Inflation: The Threat to ASEAN Economic Recovery in 2022 and Beyond

Inflation: The Threat to ASEAN Economic Recovery in 2022 and Beyond

By Sithanonxay Suvannaphakdy
Rising food and energy prices are set to weaken economic growth by reducing real private consumption and investment.

India’s Tech Unicorn Count Continues to Grow Despite Broad Market Turbulence

India’s Tech Unicorn Count Continues to Grow Despite Broad Market Turbulence

By Dmytro Spilka
While China shows a slight dip in startups, India’s tech unicorns are surging.

Why Protectionism is Rattling Markets in Southeast Asia

Why Protectionism is Rattling Markets in Southeast Asia

By James Guild
A supply squeeze has led to a spate of state interventions to control the prices of basic goods, but the inflation crisis is unlikely to be prolonged.
Foreign Banks Face Uncertainty in China

Foreign Banks Face Uncertainty in China

By Sara Hsu
China is a notoriously difficult place for foreign banks to successfully compete.

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