President Obama understands the importance of Asian market. It’s about dealing with the sustainability of our economy within the global market. Asia, is home of 3 of the 5 largest economies in the world. China, India and Indonesia have more than one-third of the world’s population. It is a huge market.
The question is: are we ready?
From the President op-ed, via NYT.
The great challenge of our time is to make sure that America is ready to compete for the jobs and industries of the future. It can be tempting, in times of economic difficulty, to turn inward, away from trade and commerce with other nations. But in our interconnected world, that is not a path to growth, and that is not a path to jobs. We cannot be shut out of these markets. Our government, together with American businesses and workers, must take steps to promote and sell our goods and services abroad — particularly in Asia. That’s how we’ll create jobs, prosperity and an economy that’s built on a stronger foundation.
– emphasis added.