The PRC is making money to upgrade its pathetic Air and Naval forces; doing it with greenbacks. And using N Korea as a wildcard, threatening Japan and Taiwan.
The PRC doesn't have the capabilities yet; read Sun Tzu. They're drawing us into "Fatal Ground".
Go back to 1961. The Soviets pulled the same sh*t with Cuba. Everyone called it a draw except Castro. But this time the PRC has allies in an oblique attack; the Iranians and the fascist Islamists as well as the screwball in NK.
,,, they're quietly building up credentials in South and central America as well as in parts of Africa and island States in the Pacific too.
There may be an additional consideration to factor in. I personally would not fully discount China's understanding of information warfare as part and parcel of any special operations or unconventional warfare tactics that they may employ against Taiwan or even CONUS. Taiwan is the most likely candidate for IW, with all the other goodies that may follow.
Information Warfare is part of the 21st Century battlefield and beyond, and China realizes this. Is it possible that China has the motive, the training and the capability to probe our information, and other, systems?
http://www.sinodefence.com/c4i/default.asp
http://www.sinodefence.com/c4i/ew/ew.asp
http://users.bigpond.net.au/pongrass/security/security.htm (SMH, 8/18/2001)
http://www.specialoperations.com/Foreign/China/IW.htm
http://www.ceip.org/programs/info/infowar.htm
http://www.sans.org/rr/whitepapers/warfare/896.php
http://www.global-defence.com/2000/pages/china.html
http://www.fas.org/irp/world/china/docs/iw_mg_wang.htm
http://www.taipeitimes.com/News/front/archives/2003/09/04/2003066387
http://www.gyre.org/news/related/Information+Warfare/China
http://www.rand.org/publications/CF/CF145/CF145.chap9.pdf
http://www.strategypage.com/fyeo/howtomakewar/default.asp?target=HTIW.HTM
http://www.herolibrary.org/p113.htm (Chinese, sic)
http://www.iwar.org.uk/iwar/resources/news/china-io-2003.htm
http://www.iwar.org.uk/iwar/resources/china/iw/chininfo.pdf
http://www.infowar-monitor.net/
http://www.carlisle.army.mil/ssi/pubs/display.cfm/hurl/PubID=62
http://www.fas.org/news/taiwan/1999/cn-08-17-99-11.htm (1999)
http://www.taiwansecurity.org/AP/2002/AP-072902.htm (AP 2002)
http://www.au.af.mil/au/awc/awcgate/ndu/chinview/chinacont.html
http://www.au.af.mil/au/awc/awcgate/awc-info.htm
http://library.nps.navy.mil/home/bibs/IWbooks.htm (IW resources)
http://www.theatlantic.com/doc/prem/200506/kaplan (Atlantic - Kaplan - 05 - sic)
http://www.voanews.com/english/2005-03-23-voa76.cfm (VOA March 23, 2005)
http://www.jamestown.org/publications_details.php?volume_id=408&issue_id=3232&article_id=2369263 (Jamestown February 15, 2005)
http://www.csis.org/burke/hd/#reports (CSIS – resources)
http://fmso.leavenworth.army.mil/FMSOPUBS/ISSUES/china-internet.htm
http://www.sans.org/rr/whitepapers/warfare/ (SANS)
http://www.fofg.org/news/news_story.php?doc_id=782 (May 13, 2004)
http://armedservices.house.gov/issues/opeds/03-09-12tcs-china.html (HASC, 9/12/03)
http://www.space.com/news/china_dod_030801.html (August 1, 2003 – Space)
http://www.defenselink.mil/pubs/20030730chinaex.pdf (annual PRC report July 2003)
http://www.military-information-technology.com/article.cfm?DocID=51 (November 15, 2002)
http://www.cia.gov/nic/speeches_telecommunications.html (CIA – Gannon - April 2001)
http://www.spacedaily.com/news/china-01c.html (Space Daily Jan 2000)
http://www.heritage.org/Research/AsiaandthePacific/BG1340.cfm (Heritage - Wortzel - December 2, 1999)
http://www.ndu.edu/inss/siws/ch1.html (William Fast)
http://www.aracnet.com/~kea/Papers/threat_white_paper.shtml (Kent Anderson, 1998)
http://www.securityfocus.com/library?cat=132&offset=70 (Inf. Ops /IW 1996