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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.
China's Currency Set to Join IMF's Elite Currencies Club. So What?
By Ankit Panda
The IMF has said that it will recommend the renminbi's inclusion in its elite SDR basket of currencies.
Is It Time to Put Away the BRICS?
By Catherine Putz
Goldman Sachs, where the term originated, folded its BRIC fund into a general emerging market fund recently.
China’s Next Five-Year Plan: Realistic Objectives?
By Sara Hsu
The targets in the plan look very much in line with China’s overall economic shift.
What’s Behind India’s Big Export Decline?
By Ritesh Kumar Singh
A long period of falling exports defies an easy explanation.
Abenomics Banks on Japan Post
By Anthony Fensom
Can a huge IPO convert nation of low-risk bank savers into higher-risk stockholders?
China Removes Deposit Interest Rate Ceiling
By Sara Hsu
The central bank announces a milestone in financial reform.
America’s Society Is Wealthier Than China’s – And It Doesn’t Matter
By Christopher A. McNally and Denny Roy
The large gap in private wealth has limited significance.
New President Won’t Slow Philippines
By Anthony Fensom
The country has made remarkable strides in recent years.
China GDP Fails to Calm Bears
By Anthony Fensom
The official figure was nearly on target, but critics are unappeased.
China Warns US Not to Hike Rates
By Sara Hsu
The finance minister is worried about slowing growth in emerging markets.
TPP: A Step Forward in Multilateral Cooperation
By Valbona Zeneli
The Trans-Pacific Partnership could be a building block for future multilateral cooperation.
Is This How China's Currency Will Make Its Mark on the World Stage?
By Ankit Panda
London will become the first overseas market for renminbi-denominated Chinese sovereign debt.