We need to ice IRAN very soon because we have another enemy in line and Russia behind China. It never ends until America truly owns the planet, unless sharia comes first.
Perhaps China also thinks it never ends until China truly owns the planet. They are well on their way to achieving that goal.
China has also become an economic superpower. The combination of economic and military superiority means they dont have to rant, threaten, sword rattle, nuke or invade anybody to exercise their influence.
China already influences our economy the stock market, the value of the US dollar and they own huge investments here. And while we are all aware of the dangers of our dependence on Mid East oil, look at all the consumer goods from the Pan Pacific.
China certainly influences our economy and I loathe the ever increasing importation of Chinese crap, but you need to gather a little perspective here. Steve Forbes was just talking about this yesterday.
Foreign investments in the USA are not a bad thing. Remember back when Japan was buying up properties in the US back in the 80's when the real estate market was booming? Everybody then thought it would be the end of the USA. The reality is they lost their collective arses when the market pulled back and wound up selling most of what they bought at huge losses. Besides, if they buy a building in Manhattan, what are they going to do, dismantle it and move it to Bejing?
Another thing to consider is the relative size of the two economies. Just the growth in our economy last year was larger than the entire Chineese economy as a whole.
I'm not saying it isn't a storm to watch, particularly with their ever-increasing military build up, but when you really look at the scale of things on both sides it puts it into perspective.