December 31, 2015

December 31, 2015 | Special Report on Asia and the Pacific

2015 Asia Update: The Trends and What They Mean for America

The Asian Studies Center

America's Commitment to the Pacific

Previous editions of this product have illustrated America’s resident power status in Asia and the continuing, critical importance of its commitment to leadership there. They have sought to demonstrate in graphic fashion what is at stake for the U.S. from the economy to security to human liberty.

This year’s edition takes a step back and looks at the trends in these areas over the past 10 years to better understand how American interests are faring.

It is a mixed picture.

China’s rise and the challenges that it presents dominates the regional political, economic, and security environment. This rise, however, takes place as part of a dynamic broadly characterized by economic integration, geopolitical stability, and contested standards in areas of economic and political governance. America’s success in managing its interests in Asia, to include the “China challenge,” depends on this broader dynamic. It needs to deepen the first, maintain the second, and tilt the latter two toward liberalism.

Despite recent speed bumps, China’s economy continues to outpace the region in growth. China’s outward-bound investment continues to expand, and, over time, it has maintained a steady share of investment in U.S. government debt. It is also becoming a larger investor in the American domestic economy. The rest of the region, however, is not going away. Japan, while underperforming for many years in terms of economic growth, also invests heavily both in the government services the U.S. provides its citizens and the private American economy.

Others, like Hong Kong and Singapore, remain steady, free-market economic models.

Regarding liberal governance, the region is gaining, though very slowly. Setbacks in former democracies such as Thailand and general inertia in many other autocracies nearly balance out progress in places like Burma. Religious persecution is also stubbornly persistent, and press freedom has generally declined over the past 10 years.

Geopolitically, the region remains relatively stable, with the U.S. security presence the principle guarantor of that stability. However, terrorism, the fragility of key states, and territorial disputes remain long-term problems.

Many regional trends are heartening and there is reason to redouble efforts to effectuate positive, liberty-enhancing change. This year’s edition illustrates the enduring need for American leadership to forge and protect a regional order that will sustain America’s long-term interests.

Defining the Region

The World's Fastest-Growing Economies Are in Asia

The Most Economically Free Nations in the World Are in Asia

Japan Is Largest Asian Investor in the U.S.

China’s Outward Investments and Contracts Are Expanding

China, Japan Hold Most U.S. Debt Among Asian Nations

Fertility Rates in Asia Challenge Societies

More Workers Support Young and Old in Most of Asia

Three Nations Are Source of Majority of Asian Legal Immigrants to U.S.

Many Nations Are Heavily Reliant on Remittances

Freedom in Asia Is Mixed, but Gaining Ground

Freedom of the Press in Asia Wanes over Past Decade

Religious Persecution in Asia Persists

Asian Governments Are Becoming Increasingly Fragile

Pakistan and Afghanistan Are Common Sites for Terrorist Attacks

Territorial Disputes Endure: China, India, and Southeast Asia

Area of Dispute: South China Sea

America’s Forward-Deployed Military Is Key to Regional Stability

U.S. Allies Japan and South Korea Host Bulk of America’s Military in Asia

China’s Military Continues Rapid Growth

India and China Are Asia’s Biggest Players in Arms Market

About the Author

Walter Lohman Director, Asian Studies Center
Asian Studies Center

John Fleming Manager, Data Graphics Services
Research Editors

Olivia Enos Research Associate
Asian Studies Center

Related Issues: Asia and the Pacific