Strategic Studies on Asia

From Japan to India, the nations of Asia struggle to maintain growth, balance their economies, and fight slowdowns. For most of these countries, the days of high-flying growth are long over, while for others, they never began. It is past time for the rest of the world to pay attention to the threats to Asia’s economic health. Uneven development, asset bubbles, malinvestment, labor issues, and state control over markets are just some of the features of economic risk in the Asia-Pacific. And because Asian economies are increasingly interlinked, problems in one country spill over to others.

On this visit to Asia, I have been concerned that while many of the countries in which I have travelled are deeply aware of the threat of Communist expansion and the spectre of the third world war, they are also apprehensive that the mounting interest of the United States in this area may be just another phase of imperialism…I can say without equivocation: the United States firmly supports the orderly progress towards self-government throughout the world. The United States has no imperialistic ambitions whatsoever in Asia or in any other part of the globe.

I am under no illusion that our present strategy of using means short of total war to achieve our ends and oppose communism is a guarantee that a world war will not be thrust upon us. But a policy of patience and determination without provoking a world war, while we improve our military power, is one which we believe we must continue to follow….
Under present circumstances, we have recommended against enlarging the war from Korea to also include Red China. The course of action often described as a limited war with Red China would increase the risk we are taking by engaging too much of our power in an area that is not the critical strategic prize.
Red China is not the powerful nation seeking to dominate the world. Frankly, in the opinion of the Joint Chiefs of Staff, this strategy would involve us in the wrong war, at the wrong place, at the wrong time, and with the wrong enemy.