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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.
The Investment War With China: US Investment in China
By Jean-Marc F. Blanchard
Part three of this series looks at American pressure on U.S. foreign direct investment in China
Asia Shares Rise Amid Hope of Slowing Coronavius Pandemic
By Associated Press
Asian shares rose Tuesday, echoing the rally on Wall Street, amid a few glimmers of hope that the coronavirus pandemic could be slowing.
Afghanistan Breaks Down Its Ministry of Finance
By Ibrahim Khan Jabarkhail
The attempt at reform is another step in the wrong direction.
South Korea Aims for Environmental Leadership Through Green Free Trade Agreements
By Annie Young Song
Environmental chapters in South Korea’s FTAs represent a way of demonstrating environmental leadership at low costs – a strategy that could be replicated in other emerging economies.
Soaring Coronavirus Cases Deepen Global Economic Gloom
By Associated Press
Global stock markets skidded Wednesday as reports of rising numbers of coronavirus cases deepened the gloom over the likely impact on the world economy.
World Bank Sees Coronavirus Outbreak Hitting Asia Hard
By Associated Press
The World Bank estimates COVID-19 will cause economic growth to slow significantly this year in China and other East Asian-Pacific countries.
How COVID-19 Is Affecting North Korea’s Economy
By Gabriela Bernal
If this crisis has proven anything it’s how much the North Korean economy relies on China.
The Economic Consequences of Coronavirus in Indonesia
By James Guild
Indonesia is in a tough spot – waging a public health war against COVID-19 while fighting off recession using limited fiscal resources.
China’s Largest Insurer Must Walk Its Climate Talk
By Peter Bosshard
If Ping An really wants to be an “active global influencer,” it needs to rethink its coal insurance policies.
Chinese Factories Face New Threat: US Anti-Virus Controls
By Associated Press
Just as China reopens for business, the U.S. is shutting down amid a massive surge in coronavirus cases.
Vietnam’s Coronavirus Struggle: Managing the Economic Impact
By Thoi Nguyen
Despite initial notable steps, until the government can fully contain the outbreak, it will be difficult to achieve economic growth targets set out previously.
Will COVID-19 Halt China’s ‘Going out’ Economic Strategy?
By Chan Kung and Wei Hongxu
The novel coronavirus outbreak will contribute to downward pressures on China’s outbound investment, including the Belt and Road.