Last week marked the start of the year of the dragon throughout much of East Asia, but thousands of young people celebrated the Lunar New Year half a world away on college campuses across the United States. Chinese New Year, Spring Festival, and Tet celebrations have become increasingly common as the population of international students [...]
American volunteerism is expanding in Southeast Asia. The Peace Corps, a volunteer organization affiliated with the US government that is celebrating its 50th anniversary this year, is growing beyond its traditional posts in the Philippines and Thailand to include active presence in Cambodia and Indonesia. Soon, American volunteers—not affiliated with the Corps—will also be active [...]
According to recently released figures from the US Bureau of Economic Analysis (BEA), Southeast Asian foreign direct investment (FDI) in the United States is making a recovery from the effects of the Global Financial Crisis. While Southeast Asia’s FDI stock in the United States declined by 18 percent, or $4.9 billion, from $26.6 billion in [...]
Southeast Asia, when taken as a whole, imported $70.4 billion of US merchandise in 2010, a 61-percent increase from the 2001 figure of $43.8 billion. This signals a return to the upward trend in US merchandise exports to the region following the disruption of the Global Financial Crisis, when such exports fell from a high [...]
Southeast Asia is an increasingly important player in the US seafood market. Although stagnant fish stocks, growing demand for seafood products, and chronic overfishing are constraining mature fishery sectors, such as the United States’, the same trends are bringing about opportunities for countries with developing fishery sectors that can pick up the slack in the [...]
In April of this year, the United States trade deficit sharply contracted 11%, due to a strong uptick in exports, a drop in foreign oil purchases, and a sharp reduction in automotive and auto parts imports as a result of the disasters in Japan in March. However, last week the US Department of Commerce announced [...]
In his weekly address prior to his State of the Union speech in which he pledged to double exports by 2014, President Obama focused on job growth through trade. “If we’re serious about fighting for American jobs and American businesses, one of the most important things we can do is open up more markets to [...]
Newly updated data from the Foreign Trade section of the US Census Bureau confirms that Southeast Asia, when taken as an entity, continues to be a major partner for US trade in goods. Over the last twenty years, US trade volume with Southeast Asia has tripled, from $45.9 billion in 1990 to $176 billion in [...]
The 2010 US Census data reveals an increasingly diverse demographic landscape in America, with Asians as the fastest growing racial-group in the past decade, we recently reported. People from the ten ASEAN nations contribute significantly to the Asian population in America according to the American Community Survey, a new nationwide survey by the US Census [...]
When US President Lyndon Johnson signed the Immigration and Nationality Act of 1965 removing decades-long restrictions on admission and citizenship for immigrants from Asia, Asian-Americans made up only 0.5% of the total population. Forty-five years later, the 2010 Census reveals a dramatically different American racial landscape. Today, 14.7 million identify as “Asian-alone,” comprising 4.8% of [...]
