The Power of the US.

With a successful free trade pace with the EU and free trade pacts with selected East and South East Asian States, the logic is that it will push China into an obedient submissive stance in its relating with the U.S.:

http://online.wsj.com/article/SB10001424127887324867904578591130975583100.html

And if that be so, then US hegemonoic whims and fancies will prevail over all of world trade.
The question is this:

Can you actually see such a scenario actualize?

China has a forex surplus of USD$3+ trillion. This is a humungous hammer lock on the U.S.

Today, Britain trades with China and the currency Britain and China do their trade with each other is NOT is US$. This is also true with France and Ching, Russia and China and a whole slew of other nations.