ABSTRACT
The first major statement of Clinton foreign policy toward Asia was given in March 1993 by Winston Lord, former US Ambassador to China, who was appointed Assistant Secretary of State for East Asian and Pacific Affairs. Lord noted that the Asia-Pacific region was the world's largest consumer market and the biggest export market for the United States. In 1992 Asia bought $128 billion worth of American products while Europe purchased $111 billion. US exports to Asia provided more than two million American jobs. While balance-of-power considerations have declined in the wake of the Cold War, they remain relevant as Asian-Pacific nations contemplate their fates. Each ones harbors apprehensions about one or more of its neighbors. US regional strategy centered around the building a new Pacific community with the critical US interests being economic growth, security, and the expansion of democracy.
