China isnt ready to start this stuff but the PLA generals are feeling cocky, some of the politicians that have sanity are trying to keep them in control.
There are huge internal tensions within China so creating external threats is the oldest solution.
Chinas currency manipulation on the otherhand is more about internal socio economic stability than an economic attack against US and EU.
Obama just toured Asia to strengthen ties with major players.
Seems US is trying to get India, Indonesia, South Korea, Japan and Australia in the same page in containing China if necessary.
Its a mixed congregation but neither of them want China to dominate the region.
Even Russia is awakening to where the real threat lies and started acting with some rationality towards the US, EU and NATO.
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