TOKYO -- The U.S. has seen a reversal of fortunes since last year, when China closed the gap on American influence in Asia, according to a new report by the Lowy Institute.
This year marks the first gain for the U.S. since the Australian think tank began publishing its annual Asia Power Index in 2018. Washington bucked the downtrend seen in most of the 26 ranked countries. The annual index awards points for military capability and defense networks; economic, diplomatic and cultural influence; resilience; and future resources.