Fill in the Blanks POLITÉCNICO GRANCOLOMBIANOOnline version Culture and regional economy of Asia -Unit 4 - Week 8 by POLITÉCNICO GRANCOLOMBIANO EDUCACIÓN VIRTUAL 1 Pacific Economies Kong Tiger Cub Cooperation Pacific Singapore Asia Peru region Trans Economic the Asian Partnership Tigers Hong Asia is a big power Asia . South Korea , Taiwan , and Singapore are called , and refer to the economies of Indonesia , Malaysia , the Philippines , Thailand and Vietnam . Asia relationships with Latina America is Increasing , Chile , Colombia , Mexico and signed the document that officially created the Pacific Alliance in 2012 . One of its objectives is to become a platform of political articulation , economic and commercial integration and projection to the world , with emphasis on the Asia - Pacific . Chile and Peru are part of the - ( TPP ) , which aims to create a free trade area with economies like the United States , Australia , Vietnam , Malaysia and . Alliance members , except for Colombia , are part of APEC ( ) , which brings together 21 Pacific economies , including China and the United States .