From A Wiki of Ice and Fire
Asshai is a port city, located in the far south-east of the Essos continent on the Jade Sea at the entrance to its eastern exit, the Saffron Straits . Asshai on the southernmost edge of a mountainous peninsula known as the Shadow Lands, thus the city is often called as Asshai-by-the-Shadow and to go to Asshai can be described as to "pass beneath the shadow". The area of the Shadow Lands and Asshai are sometimes referred to simply as "the Shadow".
Asshai is a popular trading destination for ships traders' circle in the Jade Sea, and it exports such goods as amber and dragonglass. The city is usually travelled to by ship, but it can also be reached overland by a circuitous route.Citation needed Aside from merchant traders, few from Westeros visit Asshai and little is known about it. Lomas Longstrider may have visited Asshai.
People of Asshai
The Asshai'i are well versed in witchcraft and wizardry and have a language of their own, used in their spells (as done by the Valyrians). Mirri Maz Duur, who learned in Asshai, sang in a foreign tongue as a knife appeared in her hand, her voice described as "shrill" and "ululating".  Furthermore Melisandre has been noted to pray to R'hllor once in the speech of Asshai, once in High Valyrian, and once in the Common Tongue."
Asshai holds a significant amount of arcane knowledge. Of any current location, it is the most likely to have dragonlore. Ancient books of Asshai also record the Azor Ahai prophecy followed by members of the R'hllor faith.  It is rumoured the spellsingers, aeromancers and warlocks practice their arts openly in Asshai. 
Notable Characters from Asshai
- Quaithe of the Shadow, a shadowbinder who seeks out Daenerys Targaryen and counsels her to go to Asshai. She wears a red-lacquered mask much like natives of the Shadow Lands.
A Game of Thrones
During Tywin Lannister’s council meeting, after news of Jaime Lannister's capture reaches them, talk eventually turns to Stannis Baratheon. Among other reports he has received from Varys of Stannis’s activities on Dragonstone, Tywin mentions that one of them is that Stannis is bringing a shadowbinder from Asshai. Tywin wonders what the reports mean, are any true? 
A Clash of Kings
Later in Qarth Quaithe urges Daenerys to leave the city as soon as possible. When Daenerys asks her what she means Quaithe gives a cryptic answer,
|“||To go north, you must journey south, to reach the west you must go east. To go forward you must go back and to touch the light you must pass beneath the shadow. ||”|
Daenerys takes the word "shadow" to be a reference to the Shadow Lands and, by implication, Asshai. Concluding that Quaithe wants her to head towards Asshai, she asks whether the Asshai'i would offer her an army, gold, or ships. She further asks what could be available for her in Asshai and that is not in Qarth? Quaithe offers a laconic answer:
A Feast for Crows
A Dance with Dragons
In Illyrio's manse Tyrion finds wines from Asshai in his stock. Illyrio later assures Tyrion that the galley that delivered him to Pentos is on her way to Asshai. It will be two years before she returns, if the seas are kind.
At the Wall Melisandre notes that she is stronger here, stronger even than in Asshai. She also recalls a lesson she had learned long before Asshai; the more effortless the sorcery appears, the more men fear the sorcerer.
|“||“Crows Eye, did you leave your wits at Asshai?”||”|
References and Notes
- ↑ The Lands of Ice and Fire
- ↑ 
- ↑ 3.0 3.1 A Game of Thrones, Chapter 54, Daenerys.
- ↑ 4.0 4.1 4.2 A Clash of Kings, Chapter 40, Daenerys.
- ↑ A Game of Thrones p.804
- ↑ A Clash of Kings p.146
- ↑ A Clash of Kings, Chapter 10, Davos.
- ↑ A Game of Thrones, Chapter 23, Daenerys.
- ↑ A Game of Thrones, Chapter 69, Tyrion.
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