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We first demonstrate that the area preserving mean curvature flow of hypersurfaces in space forms exists for all time and converges exponentially fast to a round sphere if the integral of the traceless second fundamental form is sufficiently small. Then we show that from sufficiently large initial coordinate sphere, the area preserving mean curvature flow exists for all time and converges exponentially fast to a constant mean curvature surface in 3-dimensional asymptotically Schwarzschild spaces. This provides a new approach to the existence of foliation established by Huisken and Yau. And also a uniqueness result follows

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