U.S. Is Waking Up to Fact That Asia Is Future of Commerce, Author Khanna Says

The transcript discusses Asia's growing importance in the global economy, highlighting its young population, high growth rates, and increasing foreign investment. It explores the concept of the 21st century as the 'Asian century' and examines the integration and diversity within Asia. The text also identifies new Asian values, such as a preference for technocratic governance and state involvement in the economy. Finally, it considers the United States' strategic response to Asia's rise, emphasizing the need for understanding and engagement with Asian cultures and economies.

Which Asian country surpassed China in foreign direct investment in 2018?

• India

• Japan

• South Korea

• Vietnam

What is a key factor that distinguishes the 'Asian century' from previous centuries?

• Economic integration

• Technological advancements

• Cultural diversity

• Military power

What is one of the new Asian values identified in the transcript?

• Democratic governance

• Technocratic style of government

• Isolationist policies

• Free market capitalism

What role does the state play in the new Asian values?

• No role in economic matters

• Complete control over all sectors

• Active role in industrial policy

• Minimal involvement in the economy

How can the United States better understand Asian cultures according to the transcript?

• Through cultural assimilation

• By increasing military presence

• Through travel and education

• By imposing trade restrictions

What is a suggested strategy for the United States to engage with a multipolar Asia?

• Reduce foreign aid

• Focus solely on China

• Increase tariffs on Asian goods

• Join the TPP agreement

What demographic trend is highlighted in the transcript regarding Americans and Asia?

• Decreasing interest in Asian markets

• Increasing migration of Americans to Asia

• Declining educational exchanges

• Rising cultural conflicts