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On December 6th, 1941 the smart folks didn't think it possible we could be attacked by carrier based aircraft.

And in the 1970s and 1980s, the smart folks didn't think that within 30-40 years all of the American computer manufacturing would have moved to China.

Prior to December 6, 1941, the Japanese didn't invest over 60% of their currency reserves into buying up US treasury and agency bonds, they weren't investing $10s of billions into American equity firms, they weren't spending billions on oil and gas fields in the US, they weren't spending $7 billion a year on American real estate investments. The Chinese have been doing all of that.

China wants to be the world's economic power. A military or economic conflict with the United States would end that dream. China did not come all this way only to do something foolish like fight us militarily or economically, especially since a military or economic conflict with us would damage them as much, if not more.

What we see right now is the tip of the iceberg. China can't become the world's economic power by fighting us, they have to do it by owning us. Sure, we can avoid places like Wal-Mart that are pushing Chinese crap upon us, but we can't avoid buying computers that were made in China, and 20-30 years from now when American companies are looking at buying Chinese airliners and Americans are looking at buy Chinese cars, that's when it's going to really hit home that they've won.