As long as the states of East Asia can keep the growing rate of their economies, they can become the centre of the world economy in oncoming years. China and India have potetial to become regional superpowers and to dominate the world economy and replace the USA in this position. The USA must not lose their influance in Asia to remain the world superpower and creator of the world order. They need to find allies in Asia, that can help them to become a part of asian regional integrations and have influence on their development. The US goal is to carry through their own trans-pacific integration, that could be basis for Asia-Pacific Free Trade Area. The success of this integration indipends on U.S.-China`s relations and on the way how they will be able to solve their mutual disputes (chinese currency policy, commitments to WTO, chinese indigenous innovation policy etc.).

The diploma thesis focuses on fast growing Asia-Pacific region, which is believed to become an important centre of the world economy in future. Thesis focuses on position of China in the region and dedicates to possibility of creation of common market. Thesis defines the region, describes the main regional groupings and analyses trade flows, capital flows, migration of labour force and science and technology cooperation in the region.

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