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Evan Feigenbaum @EvanFeigenbaum
, 11 tweets, 5 min read Read on Twitter
1/4: This is correct and is too-often ignored in debates about the supposed "decline" of the United States in Asia. ASEAN alone has received more than $274 billion in US cumulative investment. But -- and, in my view, it is a very big "but" -- it also risks missing the point.
2/4: US economic involvement is growing in absolute terms but receding in relative terms. Trade with the US comprises a diminishing share of nearly every Asian country’s total trade. Yet the US has focused mainly on security rebalancing to the exclusion of economic rebalancing.
3/4: The issue is not 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴. What's at stake are rules, norms, standards and strategic momentum. The US has withdrawn from TPP and rejects regional approaches even as efforts have been underway to organize some of those approaches on a pan-Asian basis excluding the US.
4/4: This is a multi-administration problem, as I fretted to @BonnieGlaser in this @ChinaPowerCSIS podcast. But it is now an acute challenge to US strategy in Asia and it is harder to deploy US leverage in the context of messages that say "America First." chinapower.csis.org/podcasts/power…
4/4a: I have been fretting about this for 15 years, both in and out of government. This is a problem of long vintage. More old hand-wringing essays follow:
4/4b: An essay on "The New Asian Order: And How America Fits in" from @ForeignAffairs: foreignaffairs.com/articles/east-…
4/4c: A @CFR_org monograph, co-authored with @Rmanning4, on "The United States in the New Asia": cfr.org/report/united-…
4/4d: An essay, also with @Rmanning4, on "A Tale of Two Asias" in @ForeignPolicy: foreignpolicy.com/2012/10/31/a-t…
4/4e: A follow-up essay on "The Problem with Two Asias" in East Asia Forum: carnegieendowment.org/2013/01/18/pro…
4/4f: An essay in @TWQgw on "Why America No Longer Gets Asia": csis.org/analysis/twq-w…
4/4g: An essay on @MacroPoloChina on US posture/policy in Asia in the face of China's highly strategic brand of revisionism: macropolo.org/reluctant-stak…
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