Being Indian in a Chinese city, I'm surrounded with Asians, and I see the reality, or at least as much as I can, of India and China, their pitfalls and their progress.
However, I find it disturbing that many (but by no means the majority) in America have a negative view of Asians in general. Non-Japanese Far-Easterners are generally regarded as Communists for no real reason. There is a growing fear of China even though it has yet to act aggressively outside its own neighborhood.
The case is worse with India. Many would rather forgo business than talk with an Indian call-center operative. Indians are thought of as stealing American jobs, even though Americans have no claim on them and it is a small minority of jobs that have been outsourced. Indians who have visions of visiting the moon and improving their technology are looked down upon at Slashdot and at other sites who believe they should focus on their poor first.
In Asia however, many regard both India and China as relatively belligerent giants. They're good markets and are not hostile if the status quo is maintained. Despite being bitter rivals for decades, China and India are opening up to each other.
I, for one, will never be able to travel in the US, because I'm big, brown and I look menacing. There's no way I'd step on US soil without a strip-search and I like the sanctity of my ass. I know that the majority of Americans have no problems with Indians and Chinese, but there are many who do.
The question remains, what drives this wedge between the East and Americans? Is it philosophical or economic? Is it fear or misunderstanding?