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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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US Investment in Southeast Asia and Decoupling From China

US Investment in Southeast Asia and Decoupling From China

By Jack Liu, Judy Ly, Miranda Sieg, and Ilan Simanin
No single policy is going to completely eliminate the commercial and security risks inherent in a China-dominated supply chain.
China, the World Bank, and African Debt: A War of Words

China, the World Bank, and African Debt: A War of Words

By Deborah Brautigam
Will the rising hostility between the United States and China make a comprehensive approach to debt relief more difficult in Africa?

Despite Pandemic Slump, Foreign Buyers Maintain Share in New Zealand Housing Market

Despite Pandemic Slump, Foreign Buyers Maintain Share in New Zealand Housing Market

By Joshua Mcdonald
The New Zealand housing market slumps by 30 percent but foreign buyers maintain their market share. 

The Internationalization of China’s Currency in Indonesia

The Internationalization of China’s Currency in Indonesia

By Muhammad Zulfikar Rakhmat
The RMB is gradually making inroads in Indonesia.

The Greening of Indonesia-Gulf Relations

The Greening of Indonesia-Gulf Relations

By Diwangkara Bagus Nugraha and Muhammad Zulfikar Rakhmat
While deeply rooted in oil and gas, energy relations between the Gulf and Indonesia are increasingly moving toward renewables like solar.
India’s Economic Growth Is Central to a Successful Free and Open Indo-Pacific

India’s Economic Growth Is Central to a Successful Free and Open Indo-Pacific

By Max Frost and Michael Sauer
Indian growth is key to countering Chinese aggression.

China’s Banking Sector Faces Multiple Challenges After COVID-19

China’s Banking Sector Faces Multiple Challenges After COVID-19

By Yan Liang
From the economic toll of COVID-19 to the long-term implications of reforms, China's banking sector needs to tread carefully.
Globalization and Trade in a Post-Pandemic World: India’s Atma-Nirbhar Bharat Abhiyaan

Globalization and Trade in a Post-Pandemic World: India’s Atma-Nirbhar Bharat Abhiyaan

By Parth Patel, Paresha Sinha, and Suraksha Gupta
India is on a mission toward self-reliance.

Japanese Firms Exit South Korea Amid Prolonged Anti-Japan Movement

Japanese Firms Exit South Korea Amid Prolonged Anti-Japan Movement

By Tae-jun Kang
The boycott movement is still going strong, a year later.

What’s Behind China’s ‘Street-Stall Economy’ Discussion?

What’s Behind China’s ‘Street-Stall Economy’ Discussion?

By Chan Kung and Yu (Tony) Pan
China must take care not to let the current trend follow the pattern of the bicycle-sharing fiasco.

Gulf-Asia Connectivity After the COVID-19 Crisis

Gulf-Asia Connectivity After the COVID-19 Crisis

By Guy Burton
Economic and security links have been growing for decades. That will continue, even if at a slower pace.
Companies Prodded to Rely Less on China, But Few Respond

Companies Prodded to Rely Less on China, But Few Respond

By Associated Press
The pandemic has raised political pressure for companies to move out of China, but the practicalities of business keep many from doing so.

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