It's booming there, but at what cost? Our American system of property rights, working for self interest and rule of law are what make our country great. Individual liberty is the backbone of our great nation.
The Chinese are like the Russian mafia without the nice suits, yet. However I agree that there will come a time when fighting will need to be done to preserve our markets and fuel supply. Remember when the Japanese were supposed to take over the world.
The thing that sets us apart is the unplanned nature of liberty. The one guy that has the great idea that is allowed to keep the profits in order to better himself and serendipitously the people and society that allows him to continue to profit.
Take away the individual and let the government "plan" the economy, you get Russian 7-year plans... just because a bureaucrat says that you WILL CREATE innovation, doesn't mean you will. Otherwise the universities would be filled with successful inventors and entrepreneurs, instead of tenured wannabe's that rant against the evil corporations or successful people in our country.
I'm not afraid of China till we have boat loads of Americans in cargo ships hiding on board to be let off in Peking or Taiwan.
Think about it.... people are willing to DIE to come to our country. Cubans, Chinese, Mexicans..etc....
The democrats, the government, the president doesn't control my happiness or future or anything...they just get in the way and are supposed to insure the rule of law equally applies to all of us as opposed to the privileged "connected" class that inhabits the capitals of our states and country.