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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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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.
Despite Economic Turmoil, Indonesia-Australia Trade Agreement Pushes Ahead

Despite Economic Turmoil, Indonesia-Australia Trade Agreement Pushes Ahead

By Kyle Springer
In the midst of COVID-19, an unlikely trade agreement breaks through.

China’s Great Wall of Finance Shows First Signs of a Crack – in Hong Kong

China’s Great Wall of Finance Shows First Signs of a Crack – in Hong Kong

By Project 2047
Any U.S. financial sanctions on Hong Kong will break the financial lifeline for China.

The UK Wants to Join CPTPP. That’s Good News for Japan.

The UK Wants to Join CPTPP. That’s Good News for Japan.

By Yukari Easton
Britain’s interest in the group will help strengthen trade relations with Japan.

China’s Tariffs on Australian Barley: Coercion, Protectionism, or Both?  

China’s Tariffs on Australian Barley: Coercion, Protectionism, or Both?  

By Scott Waldron
The Chinese anti-dumping tariffs on Australian barley have been widely interpreted as revenge for Australia’s call for a COVID-19 investigation. But there are other factors at play.
How China Can Avert an Employment Crisis

How China Can Avert an Employment Crisis

By Yan Liang
In trying to recover from the economic damage done by COVID-19, Beijing’s top concern will be battling unemployment.

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