I just wanna point out a few thing.Mr. Zoellick said his talks with the Chinese have been helpful in trying to persuade China to become a responsible "stakeholder" in the current U.S.-led international system but that Beijing's doubts remain.
The Chinese are wary of the current international system and recognize U.S. leadership of it but have not accepted the sole superpower role.
"I don't get a sense that they don't feel they can work with the United States," Mr. Zoellick said. "But I think they, of course, want to assess under what terms and whose rules." China's questions "really go more to stakeholder in an international system and who defines the system," he said.
The US have a policy of peaching liberalism reform and countious pushing for and establish democracy everywhere. That concept is anathema to the chinese, because it effectively saiding "Our Goal is to overthrow you and to change your system." How the hell do you expect China to work with you.
Nevertheless there is a reason why US take China as major threat and make seem on serious. That because China is becoming a mulitdimensional power, Russian during the Cold War was a threat but in only one way: It had potent military capablities. It economy was very weak. During 1980s Japan became a serious economic competitor to the US but was not a military power. China in contrast is growing strong in both economically and militariliy.
China is also increasingly using its "soft power" for it own geostrategic goal, without intending so, it has effective blocked he spread of free trade and political freedom, perceived U.S. goals in some of the more dangerous parts of the world. To make it worst, China made an inroads in docratic countries with traditional U.S. Ties, such as Brazil. Latin America exports to China has skyrocketed up from 600% in the past five years. This is more then a loss of face for the US.