The Competition of Asia-Pacific Multi-level Free Trade area and the Prospect of “China-Japan-ROK Free Trade Area”

Throughout history, the Western European Economic Community was founded when the “two-level” world pattern was formed; The U.S.-Canada and Mexico Free Trade Zone (AFTAA) was established when the European Unification Market was launched, “Korea-ASEAN Free Trade area” and “Japan-ASEAN Free Trade area” followed closely by “China-ASEAN Free Trade area”. This paper holds that, judging from the current free-trade zone development strategy of the central countries in the region, the United States has no intention of providing public goods for economic integration in the Asia-Pacific region. It can only be a potential wheel-axle country. South Korea, with a strong economy and a limited market size, has the will to become a wheel-axle country integrating regional economic integration organizations; only China, which is on the rise, has the ability and the will to become a wheel-axle country. To provide the necessary public goods for Asia-pacific economic integration. From the economic level alone, the integration of other integration organizations in China, japan and Korea free trade zone is the best choice, but the three countries are faced with the puzzles of crossing over historical problems and territorial disputes.