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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.
What Will Indonesia’s Internet Economy Look Like?
By James Guild
Absent improvements in regulation and licensing, the breakneck growth in Indonesia's digital economy will soon reach its limits.
The Age of Limited Globalization Is Upon Us
By Yuan Jiang
The pandemic has once again emphasized the winners (China) and losers (the Western lower and middle classes) of globalization.
How to Promote Chinese Foreign Trade in the Post-Pandemic Era?
By Xiaomeng Kang and Dingding Chen
As COVID-19 speeds up changes to global trade networks, China’s government and companies must adapt.
Afghanistan’s Economy – and Access to Aid – at Stake in Peace Talks
By Hanif Sufizada
Will the Taliban and the Afghan government come to terms in time to rescue the country’s fledgling economy?
Why the World Bank Torched its ‘Ease of Doing Business’ Ranking
By James Guild
In addition to encouraging bad economic policy-making, the ranking incentivized nations to game the system.
What Forced Labor in Xinjiang Means for Supply Chain Due Diligence
By Andrew Samet
Can audit firms actually credibly audit in Xinjiang? Can they actually credibly audit in China at all?
How Can Hong Kong Weather the Storm of Plunging Property Prices?
By Jason Hung
Between COVID-19 and the new national security law, foreign investors may be losing their taste for the Hong Kong market.
Are Private Chinese Companies Really Private?
By Stephen Olson
Beijing has been very transparent about its intentions and ambitions when it comes to “private” sector businesses.
Indonesia’s State-Owned Power Company is Hemorrhaging Cash – And That’s OK
By James Guild
Rather than a ruthlessly efficient corporate entity, the Indonesian utility is best seen as a vital public service provider.
Taiwan Charges Five Politicians With Bribery, Sparking Criticism of Weak Lobbying Laws
By Nick Aspinwall
Four of the lawmakers are charged with allegedly taking bribes from a business magnate, highlighting a lack of effective regulations on lobbying in Taiwan.
Turkey’s Turn to the Asia-Pacific
By Temmuz Yigit Bezmez and Selma Bardakci
Turkey's economic outreach to the Asia-Pacific is a crucial part of its foreign policy diversification.
China’s New Carbon Neutrality Commitment Will Affect Global Energy Security
By Niharika Tagotra
President Xi’s announcement yesterday at the U.N. General Assembly will have economic as well as geopolitical ramifications.