I know many people who like to create a living space with Asian elements. I am one of them. There are many inexpensive ways to create an inexpensive Asian, "zen" environment. One easy way is to use simple, minimalistic furniture with decorations such as candles, paper lamp shades and water fountains.
One of my favorite ways to decorate my living room is to have a dark wood tray and fill them with various kinds of black smooth stones (you can get them easily in a dollar store) and scented candles such as tranquility aromatherapy pillar candles or esque candles. Candles cast a soft glow in the room and the scent creates a relaxed environment.
One other important point of creating a zen living space is "de-cluttering." Remember, less is more.