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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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Asia-Pacific Nations Set to Sign Massive Regional Trade Deal

Asia-Pacific Nations Set to Sign Massive Regional Trade Deal

By Sebastian Strangio
The creation of the Regional Comprehensive Economic Partnership will leave the U.S. sitting on the outside of Asia's two major free trade blocs.
How Sovereign Investment Funds – Including China’s – Are Reshaping the Global Economy

How Sovereign Investment Funds – Including China’s – Are Reshaping the Global Economy

By Mercy A. Kuo
Insights from Winston Ma, author of “The Hunt for Unicorns.”

China’s BRI and its High-Speed Railways to Nowhere

China’s BRI and its High-Speed Railways to Nowhere

By James Guild
The railway projects being built under the Belt and Road Initiative offer marginal economic benefits at exorbitant costs.

Why International Sanctions on Hong Kong May Not Work as Expected

Why International Sanctions on Hong Kong May Not Work as Expected

By Jin Kai
The moves announced so far are mostly symbolic – and far from enough to change Beijing’s calculus.

How China and the US Threaten the World Trading System

How China and the US Threaten the World Trading System

By Yukon Huang and Jeremy Smith
The world’s two biggest economies are also the biggest threats to the global trading system.
Market Debut of Chinese E-finance Giant Ant Group Postponed

Market Debut of Chinese E-finance Giant Ant Group Postponed

By Associated Press
It was hoped that Ant's debut would put a spotlight on China’s economic rebound from the pandemic.

Turbulent Times for Southeast Asia’s National Airlines

Turbulent Times for Southeast Asia’s National Airlines

By James Guild
Since COVID-19 brought international travel to a grinding halt, the region's airlines have been pushed to the brink of collapse.
Hong Kong Is Still an Irreplaceable Financial Gateway for China

Hong Kong Is Still an Irreplaceable Financial Gateway for China

By Simon Shen
Hong Kong is still China’s financial gateway to the world. What happens if the West pulls back?

What Can Taiwan’s Semiconductor Industry Learn From Japan?

What Can Taiwan’s Semiconductor Industry Learn From Japan?

By Gary Xie and Sophie Grant
Taiwan’s semiconductor industry will require major restructuring if it wishes to maintain its competitive edge in the crowded global market.

COVID-19 and the Perils of International Tourism

COVID-19 and the Perils of International Tourism

By James Guild
Tourism has been a boon for Southeast Asia, but the pandemic has exposed the region's unhealthy dependence on foreign visitors.

Mind the Gap: How Southeast Asia Can Make the AI Leap

Mind the Gap: How Southeast Asia Can Make the AI Leap

By Mark Manantan
Artificial Intelligence technology holds out huge potential benefits for ASEAN – if the region can close some crucial shortfalls.
Development for Whom? The Omnibus Bill and Jokowi’s Economic Vision

Development for Whom? The Omnibus Bill and Jokowi’s Economic Vision

By James Guild
The controversial bill intends to drive a particular type of economic growth, one that prioritizes manufacturing and investment.

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