A speech by David Lampton from earlier this year, "A Tipping Point in U.S.-China Relations is Upon Us," is worth reading ... he tries to take a balanced approach.
The China Fantasy is over, right?
I liked this line:
In other words, politicians have to find a new bogeyman that scares the booboisie enough to justify continued support for the military-industrial complex. China a much better hobgoblin than a ragtag bunch of fanatical Islamists.