Between skyrocketing home prices, the housing market debt default crisis, and a shifting culture, China’s younger generation is facing a vastly different housing market than their parents.

The Diplomat Economy

21.12.2024

With Indonesia’s XL Axiata-Smartfren Merger, Telecom Consolidation Marches on – The Diplomat

Amid both financial and geopolitical pressures, there has been a trend toward increased consolidation in Southeast Asia’s telecom industry.

The Diplomat Economy

21.12.2024

Rivers of Influence: How Droughts and Chinese Investment Shape Ecuador’s Energy Crisis – The Diplomat

Ecuador’s energy crisis has focused attention on its under-performing hydroelectric dams built by China’s state-owned enterprises.

The Diplomat Economy

21.12.2024

Why Indonesia Needs To Reform Its Oil and Gas Exploration Landscape – The Diplomat

If the country is to achieve its ambitious 2030 energy goals, it needs to remove the obstacles in the way of foreign exploration activities.

The Diplomat Economy

20.12.2024

‘No One Left Behind’: UNDP Representative Matilda Dimovska on Mongolia’s Development Journey – The Diplomat

“Among the most significant contributions of UNDP are the development of the key pillars of a market economy, but also of democracy and accountability.”

The Diplomat Economy

18.12.2024

The Good, the Bad, and the Uncertain of Australia’s Economic Outlook – The Diplomat

The Australian economy has had a tough few years, but there are some reasons to be positive, and other reasons to be not so positive.

The Diplomat Economy

17.12.2024

UK Officially Joins Trans-Pacific Trade Agreement – The Diplomat

The country has become the 12th member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.

The Diplomat Economy

14.12.2024

Myanmar Remains World’s Leading Source of Illegal Opium Cultivation – The Diplomat

Despite a slight decrease in opium production, the UNODC warned that the conditions were in place for its continued expansion.

The Diplomat Economy

13.12.2024

The Taxman Cometh in Southeast Asia – The Diplomat

In the aftermath of the COVID-19 pandemic, many governments in the region are attempting to get deficits and public debt levels back under control.

The Diplomat Economy

13.12.2024

Myanmar Economy to Shrink Further in 2025, World Bank Says – The Diplomat

Myanmar’s GDP is expected to contract by 1 percent in the fiscal year ending March 2025, a downward revision from the previous projection of modest growth.

The Diplomat Economy

13.12.2024

Thai Government Approves Measures to Reduce Household Debt – The Diplomat

The country’s household debt-to-GDP ratio is among the highest in Asia, which has acted as brake on its recovery from the COVID-19 pandemic.

The Diplomat Economy

13.12.2024

The Importance of the EU-Philippines Trade Deal – The Diplomat

The renewed interest from the EU underscores a positive shift under the new administration of President Ferdinand Marcos Jr.

The Diplomat Economy

12.12.2024

Asia-Pacific Leads World in Crypto Adoption Amid Bitcoin’s $100,000 Rally – The Diplomat

Bitcoin’s surge helped uncover Asia’s sky-high enthusiasm for crypto adoption and development.

The Diplomat Economy

12.12.2024

How the Kim Regime Managed to Survive in North Korea (So Far) – The Diplomat

The North Korean regime managed to stay afloat, but its survival strategy, heavily depending on labor extraction and repression, only further distorted the economy.

The Diplomat Economy

11.12.2024

The Legitimization of Land Grabbing in Uzbekistan’s Cotton Sector – The Diplomat

Farmers pay a heavy price in the name of privatization.

The Diplomat Economy

11.12.2024

The Economic Costs of Delaying the Impeachment of South Korean President Yoon – The Diplomat

Already, concerned investors are withdrawing from South Korea’s stock markets. Prolonged instability will exacerbate the economic damage.

The Diplomat Economy

11.12.2024

Vietnam-UAE’s CEPA: A Strategic Gateway Between ASEAN and the Gulf – The Diplomat

The new economic partnership agreement continues a trend of marked outreach from the UAE to Southeast Asia.

The Diplomat Economy

11.12.2024

Maldives Government Offers Concessions to Quell Revolt By Resort Operators – The Diplomat

After staring down disgruntled tourism oligarchs over a requirement to convert foreign currency earnings, President Muizzu has offered a compromise.

The Diplomat Economy

10.12.2024

German Carmakers Are Placing a Risky Bet on China – The Diplomat

Volkswagen, BMW, and Mercedes-Benz have announced further investments in a market that has changed rapidly to their disadvantage.

The Diplomat Economy

10.12.2024

BRICS Currency May Not Upstage the US Dollar Anytime Soon – The Diplomat

BRICS states’ de-dollarization efforts are unlikely to beat the greenback’s continuing preference globally.

The Diplomat Economy

08.12.2024

Changing Cadre Incentives: The Untold Story of China’s Economic Challenge – The Diplomat

Changes in the local cadre incentive structure are a crucial yet often overlooked factor in the performance of the Chinese economy.

The Diplomat Economy

07.12.2024

Vietnam Signs Agreement with Nvidia to Establish AI Research and Data Centers – The Diplomat

Last year, Nvidia CEO Jensen Huang said that he wanted to make Vietnam the AI chipmaker’s “second home.”

The Diplomat Economy

07.12.2024

Apple Plans to Invest $1 Billion in Indonesian Manufacturing Plant, Minister Says – The Diplomat

The investment, which has not yet been made official, would help Apple fulfill local content rules that have prevented it from selling its latest iPhone in the country.

The Diplomat Economy

06.12.2024

Mongolia Eyes India as Third Destination for Coal Exports – The Diplomat

Mongolian coal exports to India have the potential to reduce Ulaanbaatar’s landlocked conundrum.

The Diplomat Economy

06.12.2024

Sanctions on Gazprombank Imperil Uzbek Copper Mine Expansion – The Diplomat

The $4.8 billion Yoshlik expansion project aims to vastly expand Uzbekistan’s copper output, but the Western sanctioning of Russian banks financing the project put the enterprise at risk.

The Diplomat Economy

06.12.2024

The End of Japan’s Hydrogen Rush in Australia? – The Diplomat

Facing bureaucratic hurdles and questionable profits, some major Japanese companies are withdrawing from their hydrogen partnerships in Australia.

The Diplomat Economy

05.12.2024

Is Gwadar a White Elephant Project? – The Diplomat

From the port to the new airport, Chinese projects in Gwadar have fallen far short of expectations.

The Diplomat Economy

04.12.2024

France and Italy’s Central Asia Strategy: Securing Energy and Shaping Security – The Diplomat

Central Asia’s evolving geopolitical role is not just about balancing external actors; it is about leveraging these partnerships to pursue their own national and elite interests.

The Diplomat Economy

04.12.2024

Vietnam’s National Assembly Approves High-Speed Rail Project – The Diplomat

The rail line, which will link the southern metropolis of Ho Chi Minh City to the capital Hanoi, is expected to cost $67 billion.

The Diplomat Economy

03.12.2024

US Announces Fresh Round of Duties on Solar Imports From Southeast Asia – The Diplomat

The Commerce Department says that Chinese firms based in Vietnam, Cambodia, Thailand, and Malaysia are flooding the U.S. market with artificially cheap solar panels.

The Diplomat Economy

03.12.2024

European Business Confronts China Head On – The Diplomat

European companies are more bold in addressing the Chinese government with difficult issues than many of the elected leaders of Europe.

The Diplomat Economy

03.12.2024

Kazakhstan’s Kuryk Pipeline Plan – The Diplomat

A planned oil pipeline could gain momentum given the uncertainty around routes through Russia.

The Diplomat Economy

29.11.2024

Why Thailand Plans to Stretch the National Budget in 2025 – The Diplomat

Bangkok has embarked on a course of deficit spending, in the hope of reaping economic dividends over the remainder of the decade.

The Diplomat Economy

28.11.2024

Will the Trump Administration Save TikTok? What’s Next for the Platform – The Diplomat

The social media app’s survival in the U.S. will hinge on its ability to secure legal wins, build political alliances, or adapt structurally to evolving demands.

The Diplomat Economy

28.11.2024

India-Kazakhstan Cooperation in Critical Minerals Signals a Shifting Regional Approach – The Diplomat

There seems to be a sense gripping New Delhi that its previous assumptions about Central Asia no longer remain valid.

The Diplomat Economy

28.11.2024

Listening to China’s Economic Whisperers – The Diplomat

The voices shaping economic strategy extend beyond the Communist Party’s inner circle to include a select “brain trust” of prominent economists.

The Diplomat Economy

27.11.2024

North Korea’s Struggles to Deliver on Its Plans – The Diplomat

The yawning gap between Pyongyang’s pledges and reality.

The Diplomat Economy

26.11.2024

Why Sri Lanka Must Rethink its Engagement with Adani Group – The Diplomat

For the new government, acting upon deals with Adani is more than a legal or economic issue. It is a test of its commitment to fighting corruption.

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Smuggled Commodities From India and Bangladesh are Lifelines for Myanmar’s Arakan – The Diplomat

Emerging Russian Firm Takes Place of Sanctioned Lender in Central Asia – The Diplomat

China’s Real Estate Crisis: Why the Younger Generation Is Not Buying Houses Anymore – The Diplomat

With Indonesia’s XL Axiata-Smartfren Merger, Telecom Consolidation Marches on – The Diplomat

Rivers of Influence: How Droughts and Chinese Investment Shape Ecuador’s Energy Crisis – The Diplomat

Why Indonesia Needs To Reform Its Oil and Gas Exploration Landscape – The Diplomat

‘No One Left Behind’: UNDP Representative Matilda Dimovska on Mongolia’s Development Journey – The Diplomat

The Good, the Bad, and the Uncertain of Australia’s Economic Outlook – The Diplomat

UK Officially Joins Trans-Pacific Trade Agreement – The Diplomat

Myanmar Remains World’s Leading Source of Illegal Opium Cultivation – The Diplomat

The Taxman Cometh in Southeast Asia – The Diplomat

Myanmar Economy to Shrink Further in 2025, World Bank Says – The Diplomat

Thai Government Approves Measures to Reduce Household Debt – The Diplomat

The Importance of the EU-Philippines Trade Deal – The Diplomat

Asia-Pacific Leads World in Crypto Adoption Amid Bitcoin’s $100,000 Rally – The Diplomat

How the Kim Regime Managed to Survive in North Korea (So Far) – The Diplomat

The Legitimization of Land Grabbing in Uzbekistan’s Cotton Sector – The Diplomat

The Economic Costs of Delaying the Impeachment of South Korean President Yoon – The Diplomat

Vietnam-UAE’s CEPA: A Strategic Gateway Between ASEAN and the Gulf – The Diplomat

Maldives Government Offers Concessions to Quell Revolt By Resort Operators – The Diplomat

German Carmakers Are Placing a Risky Bet on China – The Diplomat

BRICS Currency May Not Upstage the US Dollar Anytime Soon – The Diplomat

Changing Cadre Incentives: The Untold Story of China’s Economic Challenge – The Diplomat

Vietnam Signs Agreement with Nvidia to Establish AI Research and Data Centers – The Diplomat

Apple Plans to Invest $1 Billion in Indonesian Manufacturing Plant, Minister Says – The Diplomat

Mongolia Eyes India as Third Destination for Coal Exports – The Diplomat

Sanctions on Gazprombank Imperil Uzbek Copper Mine Expansion – The Diplomat

The End of Japan’s Hydrogen Rush in Australia? – The Diplomat

Is Gwadar a White Elephant Project? – The Diplomat

France and Italy’s Central Asia Strategy: Securing Energy and Shaping Security – The Diplomat

Vietnam’s National Assembly Approves High-Speed Rail Project – The Diplomat

US Announces Fresh Round of Duties on Solar Imports From Southeast Asia – The Diplomat

European Business Confronts China Head On – The Diplomat

Kazakhstan’s Kuryk Pipeline Plan – The Diplomat

Why Thailand Plans to Stretch the National Budget in 2025 – The Diplomat

Will the Trump Administration Save TikTok? What’s Next for the Platform – The Diplomat

India-Kazakhstan Cooperation in Critical Minerals Signals a Shifting Regional Approach – The Diplomat

Listening to China’s Economic Whisperers – The Diplomat

North Korea’s Struggles to Deliver on Its Plans – The Diplomat

Why Sri Lanka Must Rethink its Engagement with Adani Group – The Diplomat

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