" Supporting Asian and Minority Businesses"

Home Feedback FAQs 

Home ]

wpe1.jpg (6714 bytes)

   Member Login

[Home]
[
About AABR]
[
Membership]
[
Services]
[
Bulletins]
[
Products]
[
Our Sponsors]
[
Conferences..]
[
Coming Events]
[
Press Releases]
[
Agency News]
[
Links]
[
Contact Us]
[
Make A Donation]

 
"United We Stand"

 

Asian American Business Roundtable (AABR)
 
Rawlein G. Soberano. Ph.D., President
 
20224 Thunderhead Way Suite B
Germantown, MD 20874
 
Phone: (301) 601-9038
Toll Free: 1-866-215-4365 (PIN# 4766)
Fax: (301) 601-9430
Email: aabr89@aol.com
 
 
 
  Asia

1.    The Diversity that is Asia

Asia stretches from Pakistan on the west to Japan on the east, and from the northern borders of China to the southernmost boundaries of Indonesia. Within these borders are included: South (Pakistan, Bangladesh, India, Sri Lanka, Nepal), East Taiwan, China, Korea, Japan), Southeast Asia (Burma, Thailand, Malaysia, Indonesia, Philippines, Vietnam, Laos, Cambodia). Smaller areas include: Sikkim, Bhutan, Brunei, Singapore Hongkong, Macao and Maldive Islands.

The region has a total area f 8 million square miles. Some of the individual countries are larger than many American and European nations. PRC (China) rivals the US in size. India is bigger than any European nation. Indonesia is more than 3x the size of France, and extends east and west approximately spanning the same distance separating the east and west coasts of the US.

Looking at the Asian geography, one sees vast land area holding 61% of the world’s largest population. They are new immigrants to this country. Four out of five Asians counted in the 1990 census had immigrated to the US since 1970. The comprise half of the legal immigrants in the 1980s.  

Though of diverse language backgrounds, they share a commonality in  cultural heritage and physical traits. Many of the recent immigrants are illiterate even in their own language, e.g. Laotians and Cambodians and have no professional skills to market for jobs. However, they have a propensity to survive, especially those who came from large cities of Asia.

 

Return to Top

2.    The Old Country

A traveler in East Asia in the mid-1960s would have seen little evidence of the miraculous economic growth that was to come in the remainder of the century. Instead, he would have seen one grim landscape after another. These were war-torn lands, mostly under the sway of dictatorships, impoverished despite a long tradition of trading and technology. In Japan, the bomb damage from World War II was mostly repaired, with the exception of central Hiroshima. Korea was still recovering from the 1950-1953 war, which had destroyed much of this long-impoverished country. China was ruled by a dictatorial Communist regime that killed millions during its “Great Leap Forward” from 1958-1960. North Vietnam lived under a Communist dictatorship, and South Vietnam was at  war against Viet Cong guerrillas and North Vietnamese troops. Neighboring Laos had effectively been taken over by Communists in 1961; Cambodia had an independent neutral government, which would be overrun by the murderous Khmer Rouge in the 1970s. The Philippines had a democratic government but it was riddled with corruption and in 1969 would see dictatorship imposed by Ferdinand Marcos.

Most people in these Asian countries still lived in the countryside, in villages with ramshackle houses, dependent on unreliable farms for their sustenance. Mass movement from the countryside to the cities was only beginning and in China was blocked by a totalitarian regime. The economic growth that would propel so much of Asia into advanced economic status by 2000 was already under way in some countries, but only in Japan was it widely noticed. Many these counties saw growth blocked by the depredations of war and the tyranny of Communist regimes.  

These lands of East and Southeast Asia produced some 5 million immigrants to the US from 1965 to 1997.For our purposes, no coverage will be given South Asians because they do not share the similar cultural heritage of East and Southeast Asia. They also do not share the experiences of war, turmoil and Communism that, in different ways, shaped the lives of the peoples of East and Southeast Asia for much of the 20th century. Most of the people of this region—China, Taiwan, Hongkong, Singapore, the overseas Chinese who dominate the economies of Malaysia, Thailand, Indonesia, and the Philippines—share what Francis Fukuyama calls a “relatively homogeneous Chinese economic culture.”

Return to Top

Some would object that these countries differ among themselves as much as the countries of Western Europe do, and that Asians are a less homogeneous group. The resemblance between Asians and Jews is not as close as those between blacks and Irish, and between Latinos ad Italians. But there are enough similarities among the various groups of East and Southeast Asians and enough similarities between the experiences of immigrant Asians and immigrant Jews to make this examination worthwhile.

The guiding culture for almost the whole of this region is Chinese. Chinese culture is ancient, with roots that go as far back as European culture, with great material accomplishments and a sense of its own centrally and intrinsic superiority. The cultures of Japan, Korea and Vietnam are in many ways offshoots of Chinese culture. Central to this culture is the written language of Chinese ideographs, which are the basis also of Japanese writing. Although no common language is spoken in China, the regional languages all use the same written characters. Literacy is highly valued in the Chinese culture, and the elite Mandarin bureaucracy used competitive examinations to fill its positions.

Uniting the culture the heritage of Confucius, which emphasizes all duty to family. The central core of this ethical teaching was the apotheosis of the family—in Chinese, the jia—as the social relationship to which all others are subordinate. Duty to family trumped all other duties, including obligations to emperor, Heaven, or any other source of temporal or divine authority. The East and Southeast Asians of the middle and later 20t century saw as their goal the survival of their families and kinship groups amid war and dictatorships.

Return to Top

Until very recently, the large majority of East and Southeast Asians were peasants, but they were not barred from the commercial marketplace. The mandarin governments ordinarily provided the stability for successful market transactions and for the accumulation of property. Civil war, Japanese invasion, and Communist dictatorship hindered the workings of the market, but commercial habits of mind persisted, reasserting themselves when Deng Xiaoping loosened Mao Zedong’s Communist controls. The commercial ethic has been especially strong among the overseas Chinese, who came mostly from the south coastal provinces of Gaungdong and Fujian. They have built small-scale businesses with family ownership and network connections, which in some cases have become very large businesses.

Such firms are the norm in Taiwan, Hongkong, and Singapore, and overseas Chinese, though heavily outnumbered, account for most of the gross domestic product of Malaysia, Thailand and Indonesia, and much of it in Vietnam.  As Joel Kritkin writes, the overseas Chinese have “dominated many critical commercial niches as traders, artisans and skilled workers, often filling the ‘middleman’ role between the dominant elite—made up of European merchants, plantation owners, and colonial officials—and the masses of native agriculturalists. Cut off from their native land, much like the Jews, they had little alternative but to engage in such activities as trading and money lending.” They have been resented for their economic success, and persecuted for ethnic separateness, most notably when more than 1 million Chinese ethnics wee massacred in Indonesia in 1965.

Return to Top

The experience of East and Southeast Asians over the first two-thirds of the 20th century was one of chronic insecurity. China was racked by revolution and civil wars from 1911 to 1937; it was attacked and in large part occupied by the Japanese from 1937 to 1945; after the Communist victory in 1949 came the Great Leap Forward in the 1950s and the Cultural Revolution of the 1960s and 1970s which killed millions and uprooted millions more. Japan occupied, and ruled brutally, Taiwan from 1895 to 1945, Korea from 1910 to 1945, and Vietnam from 1942 to 1945. War divided and devastated Korea from 1950 to 1953, and Vietnam from 1965 to 1975. After 1949, overseas Chinese, while often prosperous, were cut off from their ties with China and were always at risk of persecution. But despite these woes, Asian habits of mind—the centrality of family, the respect for literacy, commercial competence—persisted.

Many East and Southeast Asians fled their native countries, particularly in the two decades after World War II, and many more would have done so had they been able. How many would have immigrated to the US is something no one can know. Due to anti-Asian prejudice the US passed laws that almost entirely barred Asian immigrants from this country.

Return to Top

3.    The Journey

The massive Asian immigration to the US was triggered not by an event in Asia but, inadvertently, by the Immigration Act of 1965. For many years, representatives of heavily ethnic big city congressional districts had sought to repeal the 1924 immigration act’s restrictive quotas on southern and eastern Europeans. Thousands of their constituents’ relatives applied for entry, and under the quota system almost all would have to wait years until spaces opened up. But their proposals to increase quotas were defeated by overwhelming margins. Kennedy did not press the issue as president; instead he submitted a bill that would phase out national quotas but retain an overall limit of 156,700 immigrants a year.

The man chiefly responsible for the Immigration Act of 1965 was Lyndon Johnson. He came to office determined to pass what became the Civil Rights Act of 1964, and he saw immigration reform as another civil rights issue; national quotas to him were “alien  to the American Dream.” In 1964 he mentioned the issue in his state of the union address, and in 1965 he made it a major priority, telling House Speaker John McCormick, “There is no piece of legislation before the Congress that in terms of decency and equity is more demanding of passage than the immigration bill.” Without Johnson’s support, it probably would not have passed.

Return to Top

The bill that passed Congress that Johnson signed before the Statue of Liberty and with Ellis Island in the background raised the limit on total immigration to 290,000, with 170,000 from the Eastern Hemisphere; raised the quota for every nation to 20,000; expanded family unification provisions (which effectively allowed many more immigrants than the quotas provided); and rescinded all provisions that discriminated against Asians.

Johnson and just about everyone else apparently assumed that since immigrants had always come from Europe, they must always come from Europe. But the Europe of 1965 did not resemble the Europe that had produced the waves of immigration from 1846 to 1924. In the twenty years since World War II, western Europe had grown affluent, and immigration from its poorer regions were almost entirely toward more affluent parts of Europe. But many countries in East and Southeast Asia were advancing from underdeveloped farming to industrial economies, and individuals in areas left behind were ready to move elsewhere. One country, Japan, had already developed an advanced economy, and migration to the US from Japan since 1965 has been of no greater magnitude than from the advanced countries of Western Europe (just over 100,000 immigrants from 1965 to 1997). To be sure, Communist dictatorships prevented people from leaving China, North Korea and North Vietnam. But others would flee to get out of the way of threatened Communist advance or persecution.

Return to Top

Immigration to the US at first accelerated slowly, then increased dramatically in the 1970s and 1980s, as family unification provisions allowed most countries to send far more than their quotas, and increased again in the 1990s. From 1965 to 1997, 840,000 immigrants came from China, Taiwan and Hongkong. The number of immigrants from South Korea was 491,000, with the rate of immigration dropping off sharply after 1987, when the military government was replaced by an elected civilian government and the Korean economy began to grow (per capita income reached $10,000 in 1995). Immigration from the Philippines was 975,000, the largest from Southeast Asia, though only a little ahead of Vietnam’s 757,000. Laos produced 183,000 immigrants—mostly refugees from a backward country; Cambodia, 128,000; Thailand, 100,000. Immigration from Indonesia and Malaysia was much lower. Of the many immigrants from the Philippines, Vietnam and the rest of Southeast Asia, a high percentage were ethnic Chinese, although it is not clear exactly how many.

Immigration from some countries will likely diminish as their economies grow, as already has from Japan and South Korea, but there is a vast reservoir of Asians, in China and elsewhere, who are potential immigrants. The current high rate of Asian immigration seems likely to continue for many years.  

Return to Top

4.    The New Country

Unlike Latinos, Asians have not lived in the US from time immemorial, unless one counts native Hawaiians who part of the census classification of “Asians and Pacific Islanders.” Chinese laborers, 90 of them males, came to California after the Gold Rush of 1849; they were 9% of the state’s population in 1870 and 1880, but their numbers dropped after the nativist-inspired Chinese Exclusion Act of 1882. For years these bachelor immigrants were concentrated in the Chinatowns of San Francisco, New York, Boston and Chicago. Between 1884 and 1906, some 300,000 Japanese immigrated to Hawaii and California to work as agricultural laborers, but many were sojourners who returned to Japan. California politicians demanded a Japanese Exclusion Act. Then the 1924 immigration act cut off Asian immigration completely, except from the Philippines which was a US territory at the time.

As a result, only a little more than 1% of people living in the US in 1965 were of Asian descent. Prior to 1945 anti-Asian prejudice in this country was prevalent and often vitriolic. The Chinese Exclusion Act and the Gentleman’s Agreement with Japan show that when Asians migrated in large numbers they encountered hatred of a depth and virulence difficult to imagine today. Some 80,000 Japanese-Americans were uprooted from California, many of them vegetable farmers who lost their land; only 40,000 returned to the state after internment ended in 1945, and they were greeted with "“threats, vandalism, arson, and minor outrages,"”in the words of John Gunther.

Return to Top

Such attitudes became much less common in the twenty years after World War II. Racial prejudice declined generally in those years, and the well publicized record of the Japanese-American military units, among the most heavily decorated in history—and the fact that the sons of internment camp detainees petitioned for the right to serve—inspired widespread admiration. By the late 1960s, Asians were being called the “model minority,” a term used in 1966 New York Times Magazine article in which the author argued that, through their own efforts, without government aid, Japanese-Americans had become model citizens. This characterization has come to be resented by leaders in many Asian-American organizations, who are inclined to focus on the problems and any discrimination faced by those in whose name they speak.

The 1% of Americans of Asian descent in 1965 were soon heavily outnumbered by the new Asian immigrants and their children. Asians tended to head to large cities and metropolitan areas. Most Chinese immigrants went to New York, to Chinatown in Lower Manhattan. Later the “new Chinatowns” developed in Flushing, Queens, and Sunset Park, Brooklyn, and in recent years Chinese immigrants have typically started off in Manhattan and then headed quickly to Flushing or Sunset Park. (The number 7 subway line in Queens, which terminates in Flushing, is known as “the Orient Express.”) These new Chinatowns are crowded neighborhoods, with apartments where men sleep three to a room and overcrowded schools.

Return to Top

California has become the second most common destination of the Chinese. In the San Francisco Bay area, Chinese immigrants have moved in large numbers to the ocean-facing neighborhoods of Richmond and Sunset, to the adjacent suburbs of Daly City and Pacific, and, among scientists and techies, to Silicon Valley. In Los Angeles County, many Chinese have headed t Monterrey Park that by 1990 was 63% Chinese. They have also moved in large numbers to nearby Alhambra, Rosemead, Diamond Bar, and Hacienda Heights, and the nearby high-income suburbs of San Marino and South Pasadena. 

Like the Chinese, many Korean immigrants have come from a commercial background. Nearly half of Korean immigrants in the 1970s had worked in professional and technical jobs in Korea. Although only about 20% of the Korean population is Christian, almost half of Korean immigrants are Christians. The favorite destination for Korean immigrants has been Los Angeles, whose Koreatown neighborhood became internationally known when black rioters destroyed hundreds of stores in the 1992 riot. They have also immigrated in large numbers to New York and to metropolitan Washington, and in lesser numbers to other large cities.

Return to Top

Many Filipino immigrants, meanwhile, have come looking for low-wage work, but a number of nurses and other medical professionals have immigrated as well. They have gone in the largest numbers to California and Hawaii. There are particularly large Filipino communities northeast of San Francisco Bay, in the towns of Vallejo, Pittsburg and Martinez.

The first wave of Vietnamese immigrants came after the fall of Saigon in 1975; most of the 130,000 who fled to America were middle class. Another 400,000 boat people followed, as did 20,000 who arrived by land (having fled on foot to Cambodia in the 1970s and 1980s), and these immigrants were not necessarily middle class. The number one destination for Vietnamese immigrants has been California, with a large concentration around “Little Saigon”—Westminster and Garden Grove in Orange County. Many Vietnamese have also gone to Texas—at first fishermen plying their trade on the Gulf of Mexico, then others in larger numbers to Houston. 

Return to Top

Most immigrants and refugees from Laos have been Hmong, an aboriginal people with little or no experience with urban life. Their biggest concentrations are in Fresno, California and Minneapolis. The most frequent destination of Cambodian immigrants has been the old mill town and now high-tech town of Lowell, MA.

In 1998 the Census Bureau estimated that there were 10 million “Asians and Pacific Islanders” in the US, ten times as many as in 1965 and 4% of the total population. California has 4 million Asians, 12% of its population; Hawaii has 756,000, nearly two-thirds of its population. 

Return to Top

5.     Work

There are considerable differences among various nationalities. Koreans have been very entrepreneurial. Surveys of Korean immigrants have shown that 45% in Los Angeles and Orange Counties and over 50% in New York City are self-employed (the national average is just 7%). Many Chinese immigrants have started off working in garment, toy or other factories located in Chinatowns. Some groups with little experience with commerce, notably the Hmong, have formed few businesses and have high rates of unemployment. Others have tended to hold relatively low-skill and low-paying jobs.

For the most part Asians have worked hard—their male workforce participation rate, 75 percent, is almost precisely the same as the national average—and have very often become business owners. Examples are familiar; the Korean groceries of New York, the Chinese apparel factories of Los Angeles, the Vietnamese convenience stores of Orange County. Success is not guaranteed and is sometimes resented: Korean stores were the target of many Los Angeles rioters in 1992, as well as of much-publicized (by Rev. Al Sharpton) boycott in a black neighborhood in Brooklyn in 1993. But success has been the story more often than failure. 

Return to Top

One key to Asian entrepreneurial success is a practice brought over from Asia—the rotating credit association, using “ethnic resources and solidarity in the accumulation of start-up capital.” The Chinese hui and the Korean keh consist of a dozen or more members selected from among kin and people from the same village or lineage. Each month every member contributes a certain amount to a common pool, which is then given to one member, who typically uses it to buy a small business or a house.

These businesses in turn have provided jobs to new immigrants, even those with limited or no English. In the 1980s 41% of Koreans in the New York area ran small businesses and 80% of Korean immigrants in New York and 90% in Los Angeles worked in Korean-owned firms. A high proportion of Chinese immigrants in the 1980s worked in Chinese-owned restaurants, garment factories, grocery stores, and other small businesses; in New York’s Chinatown, some 450 restaurants employ about 15,000 people, mostly men, and 500 garment factories employ about 20,000 women, almost all Chinese.

Return to Top

Despite the continual arrival of large number of poor immigrants, Asians’ income levels are well above the national average. In 1997 the median household income among Asians was 22% higher than the national average. This is all the more astonishing in that about 70% of Asians are foreign-born. Even among Vietnamese, who are more likely than average to rely on public assistance, median household incomes had reached the national average by 1990. Unemployment among Korean and Chinese immigrants seems t be very uncommon.

6.     Education

The Confucian tradition placed a high value on education and literacy, and the mandarin system of choosing government officials by competitive examination, used in Korea as well as China, meant that education was an economic asset in Asian society. So Asians arrived in America with a high regard for education. Most early Korean immigrants had already graduated from college in Korea, and many Korean and Chinese immigrated precisely because they wanted their children to get a degree at an American university. In NYC in 1990, 20% of post-1965 Chinese immigrants were college graduates and another 16% had some college education. The figures were even higher among Koreans—31% college graduates and 21% with some college. Among Filipinos, 63% were college graduates and another 22% had some college.

Return to Top

In their drive for education, Asian immigrants often avoid the trouble-plagued central city public schools and instead struggle to buy the least expensive houses in high-ranking suburban school districts. Asian-Americans have avoided the perils of “bilingual” education (although it was a Chinese-American who brought the Supreme Court case which produced the requirement that some accommodation be made t foreign-language students). And the performance of the children of Asian immigrants in school has been spectacular. They are only 4% of the nation’s population, but in 1995 the made up 14% of those scoring 700 or better on the verbal SAT and 28% of those scoring over 750 on the math SAT. They have won places at academically selective high schools in astonishing proportions.

The result is that Asians in the US are very highly educated. They have so well in high school that in 1998 they accounted for 19% of the students at Harvard, 28% at MIT, 22% at Stanford, 39% at UC-Berkeley, 38% at UCLA, and 10% at U. of Michigan, despite the school’s preference for state residents in a state with relatively few Asians. Some students come directly from Asian countries to attend American universities. Students of Chinese descent accounted for one-third of foreign students in American doctoral programs in science and engineering by 1990. Taiwanese alone accounted for one in four candidates for doctorates in electrical engineering in the US in 1990.

Return to Top

7.     Family

Obligation to family is the strongest tenet of the Confucian heritage common to most Asians in America. In this tradition, the relationship between father and son is paramount. Under this tradition, property is inherited equally by sons. Daughters are less valued and become part—usually a very subordinate part—of their husbands’ families when they marry. These features made sense in societies where taxation was often high and always arbitrary, where the state provided few services and no system of social security (in most Confucian societies the state still does not). Family obligation extends far beyond the nuclear family to those of the same village or who share a common lineage, which in some cases is traced back a thousand years. Although obligations to members of the immediate family are much stronger, the sense of obligation is strong enough to ensure the success of the hui or keh rotating credit association.

Naturally, the tradition of family obligation has weakened somewhat among Asians in America. Has weakened somewhat among Asians in America. Most Asian children do not grow up in all-Asian neighborhoods, and they attend schools with many non-Asian children. Some come to resent or challenge the subordination of children to parents that is central to Confucian culture, to resist demands that they marry other Asians. But for the moment, Asian families in America seem unusually strong.

Return to Top

According to the 1990 census, only 5% of Asian households were headed by women with children under 18, slightly below the national average of 6%; the corresponding figures for blacks and Hispanics were 19% and 12%, respectively. Ninety percent of Chinese children and 83% of Southeast Asian children lived in two-parent families, as compared to 85% of white children and 47% of black children. White Americans of the 1940s, whose suspicion of and hatred for Asians were so fierce, would surely be astonished to learn that Asian-Americans today are more faithfully living up to their own family vales than their own descendants are.

8.     Religion

Confucianism is a secular tradition, and most Asians are not religiously observant in the same ways that American Christians are. Many Asians arrived here as Christians, including half the Korean immigrants and a considerable number of Vietnamese and Taiwanese. About 80% of the Vietnamese in Orange County’s Little Saigon are Buddhists and 20% are Catholics. Eighty percent of Filipinos in Daly City are Catholics. Christian missionaries, most of them Americans, in the early 20th century produced many converts in China and Korea, and presumably these Christians are more likely than non-Christians to regard America as a congenial home. Korean and other Asian churches preach a rigorous doctrine, and they probably reinforce the strong work habits and family loyalties that are also part of the Asian heritage.

Return to Top

9.     Politics

Like other immigrants, Asians’ politics have been shaped by the countries from which they have come and the part of the US where they live. Until recently, most Asians came from countries whose governments were dictatorial, authoritarian, or totalitarian (e.g. China and Vietnam)—governments that were at best callously indifferent to their citizens and at worst murderous. These backgrounds have left them with little experience in political and civic behavior.

Post-1965 Asian immigrants have entered American politics gingerly, eager to participate but wary of prejudice. The Japanese-Americans of Hawaii have been at the center of the formidable Democratic machine that has run the state government for the past four decades. The economically downscale Filipinos have also voted heavily Democratic. In contrast, Korean, Vietnamese and to a lesser extent, Chinese immigrants, have tended to vote Republican.

Return to Top

Asian voters, with their experience of oppressive government and their entrepreneurial drive, do not seem to be attracted to socialism, as so many Jewish immigrants and their children were. The liberal state in America—with is anti-Asian quotas and its indifference to the victims of ghetto rioting—in some ways appears to have been not the friend but the adversary of Asian immigrants. Despite the cries of Asian-American activists on campus, the voting figures suggest that relatively few Asians see themselves as “people of color” fighting oppression and discrimination; they vote much more like whites than like blacks.

10.  Convergence

Most Asians do not immediately blend into the larger society. Many have difficulty with the English language, especially the elderly parents brought over by their sons. But a considerable proportion of Asians than Hispanics return to their native land, and a much higher percentage seek naturalization as citizens. Many Asian-American Parents try to raise their children with respect for their Asian culture, but those efforts are not always successful. Intermarriage rates tend to be high. Among the Japanese, long settled in the US, the rate was over 50% as long as the 1970s, and it appears to be rising among other groups. Current estimates are that 30% to 50% of the children of Asian immigrants marry non-Asians.

Return to Top

As Tamar Jacoby put it, “In cities across the country, Asians are charting [a] course, defining a vision of integration that allows for ethnic differences—sharp, flavorful, persistent differences—at home, but does not make too much of them in public life. It is an ideal that asks for tolerance, but not a public preoccupation with ethnicity.  It comes with pride, but not a self-fulfilling prophecy of alienation, and it leaves to individuals to balance their ethnicity and their citizenship.”*

*From Michael Barone, The New Americans (Washington, DC: Regnery Publishing Inc, 2001), pp.249-274.  

11.  Changing Demographics and Asian Small Business

The US population is now becoming multiracial, with 26% composed of minorities. Nationwide, more than 10 million say they are Asian-Americans, and nearly 12 million claim some Asian ancestry, according to the 2000 census, the first to allow people to check more than one race. The higher figure is a 72% increase over the number of people who checked that category in 1990. 

There are now 2.7 million minority business enterprises (MBEs), responsible for 89.9 million employees, with total combined revenues of $5.4 trillion, out of the nation’s 20.8 million companies. The top ten states which have the largest number of firms owed by Asians: 1) California (313,048 = 12% of total firms in the state); 2) New York (123,258 = 8%); 3) Texas (60,226 = 4%); 4) Hawaii (50,634 = 54%); 5) New Jersey (41,443 = 6%);  6) Illinois (36,857 = 4%); 7) Florida (33,769 = 3%); 8) Washington (23,309 = 5%); Virginia (22,441 = 5%); 10) Maryland (22,169 = 6%).

Return to Top

 

[Home] [About AABR] [Membership] [Services] [Bulletins] [Products] [Our Sponsors] [Conferences..] [Coming Events] [Press Releases] [Agency News] [Links] [Contact Us] [Make A Donation]

Copyright © 2002, 2003, 2004 Asian American Business Roundtable
Send mail to webmaster@iccsnet.com with questions or comments about this web site.
Last modified: October 18, 2005