Both the U.S. and China seek to deepen their economic engagement with the 10 Association of Southeast Asian Nations (ASEAN) members, which seek to further integrate their economics and create an economic community by the end of 2015. If ASEAN countries were a single nation, their collective 2014 GDP would represent the seventh largest economy in the world. In 2011, President Obama announced a renewed focus -- known as the rebalance -- on the Asia-Pacific region. The U.S. Department of State and U.S. Agency for International Development (USAID) prepared a 5-year strategy for the rebalance. This report examines (1) what available data indicate about U.S. and Chinese trade and investment with ASEAN countries; and (2) what actions the U.S. and Chinese governments have taken to further economic engagement with these countries. Tables and figures. This is a print on demand report.