Replaying 2001 - China!!!

In 2001 with a new President surveying the military budgets, all of the war hawks were aiming their weapons budget generating fear mongering towards China as "the next threat." Today, with a new President, we're there again.

The Pentagon issues its annual report on China's military, and with the new management and money on the table, it gets press again. (NYTimes, CNN)

Needless to say, the Chinese don't like being villanized so that Congressional reps and thinktankers can push their pet programs. (AFP, Reuters)