US states exported $413 billion worth of merchandise to Asia in 2011, according to preliminary data released by the Commerce Department. We broke down the exports to four major Asian destinations – Japan, Korea, Australia and the ten countries of the Association of Southeast Asian Nations (ASEAN) – to show which states are gaining the [...]
Last November, Boeing announced its largest ever commercial sale when it signed a deal with Indonesia’s Lion Air for 230 aircraft valued at $21.7 billion. The importance of the commercial aviation industry to the U.S. overall economy cannot be overstated. Slate reported that Boeing’s exports in 2009 made up 1.8 percent of total U.S. exports, [...]
On February 1, US Secretary of State Hillary Clinton and Singaporean Minister of Foreign Affairs K Shanmugam met to discuss bilateral and regional affairs. They issued a Joint Vision Statement on New Political Framework, and signed two Memorandums of Understanding (MOUs) covering assistance offered by both countries to countries in the Lower Mekong area on [...]
Kurt Campbell, US Assistant Secretary of State for East Asia and the Pacific, visited Vietnam and Cambodia last week. The purpose of his visit to Vietnam was to “engage in detailed discussions with Vietnamese colleagues” on issues related to the US role in Asia, the bilateral security relationship, engagement with multilateral organizations in Asia such [...]
Andrew J. Shapiro, Assistant Secretary of State for Political-Military Affairs, has begun his week-long trip to Southeast Asia to strengthen defense and security ties within the region. From February 8-16, Assistant Secretary Shapiro will be travelling to the Philippines, Indonesia, Singapore, and Malaysia. Assistant Secretary Shapiro’s agenda is as follows: February 9-11, Manila, Philippines – [...]
Southeast Asia is situated in an area that is prone to natural disasters and, last year, the region was hit by many natural disasters and suffered substantial losses. Tropical Storm Washi (Sendong) brought the Philippines heavy rain on December 16, 2011, causing more than 1,200 deaths, and leaving hundreds of thousands homeless. A few months [...]
US has lost over one quarter of high-tech manufacturing jobs in past decade For the first time in history, the Asian region in 2009 spent as much on research and development in science and technology (S&T) fields as the United States, the traditional leader in high technology investment. The spending has cost American jobs because [...]
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 [...]
It has been an eventful year for US-Asia relations. Here is a recap of the most popular posts from across the Asia Matters for America initiative, including the ASEAN, Japan, Korea, and Australia subsites. 1. Pakistan to replace Indonesia as country with largest Muslim population by 2030 The world’s Muslim population is projected to grow [...]
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 [...]
