"Red Dragon Rising" should be considered elementary reading for anyone wishing to familiarize themselves with the danger China poses to the United States.
Clinton's real "legacy" will be the Second Cold War. The only difference is that this time, we probably won't be able to outspend our adversary.
Interesting point.
I'm not so sure how 'cold' any future war can be, given the War on Terror's asymmetric nature, indeterminate but long duration, and absence of MAD as a deterrent, i.e., these two kinds of wars won't be discrete entities in the future, IMO.