Will WWIII Be Between China and the U.S.?

Story here. From the article:

But Richard Haas, chairman of the U.S. Council on Foreign Relations, says: ‘U.S. policy must create a climate in which a rising China is never tempted to use its growing power coercively within or outside the region.’

To put the matter more bluntly, leading Americans fear that once the current big expansion of Chinese armed forces reaches maturity, within a decade or so, Beijing will have no bourgeois scruples about using force to get its way in the world — unless America and its allies are militarily strong enough to deter them.

Meanwhile, in Beijing’s corridors of power there is a fissure between the political and financial leadership, and the generals and admirals.

On the one hand, Chinese economic bosses are appalled by the current turmoil in the West’s financial system, which threatens the buying power of their biggest customers.

On the other, Chinese military chiefs gloat without embarrassment at the spectacle of weakened Western nations.

As America announces its intention to cut back defence spending, the Chinese armed forces see historic opportunities beckon. Ever since Mao Tse-tung gained control of his country in 1949, China has been striving to escape from what it sees as American containment. The issue of Taiwan is a permanent open sore: the U.S. is absolutely committed to protecting its independence and freedom. Taiwan broke away from mainland China in 1949, when the rump of the defeated Nationalists under their leader Chiang Kai-shek fled to the island, and established their own government under an American security blanket.

China has never wavered in its view that the island was ‘stolen’ by the capitalists, and is determined to get it back.

It should be noted that the U.S. is essentially paying for the Chinese buildup. The interest on U.S. debt held by the Chinese alone is enough to fund their military.