I want to bring up a subject that pentagon boys did, current article from Bill Gertz. They were curious as to why china was building a capability that goes beyond, "the baseline needed for a Taiwan scenario." Well come on, Chinese war planners know very well that in any war scenario with Taiwan will involve the US. They would need a military capability far beyond anything needed to defeat the Taiwanese, which pushes any possible war well into the future. Not the 2007-2008 time frame they propose.
A naval power with our fleet capabilities, yea right, they will be rusting on the bottom in two weeks. The Japanese were in much better position in 41 than China is now.