Everyone in the US establishment has bought the notion that China needs to be contained .Fear has been sold and it's been such a success .@Topazchen bro If I may who is running the US foreign policy? Obama or the Clintons? regarding your concern about containment is it workable when you needed that country for your BASIC NEEDS, I agree with @siegecrossbow and @Crang the current economic situation and facing a possible MAJOR DEFEAT in the midterms is what driving the current policy. From my perspective there is an INTERNAL WAR happening within the DNC itself with different faction battling among themselves, this is a result of a weak or non existence POTUS, its dangerous , unpatriotic and self serving holding the rest of us hostage to satisfied their HUGE EGO and privilege.
What they have not agreed on is how to go about it that is why you are seeing these seemingly contradictory statements from various quarters of the administration .Dont forget that the number one foreign policy objective of the US is to prevent emergence of a global or regional hegemon .
If we were to have a look at the two countries and what each has achieved in the last 40 years , I know which will come out the winner in the next 40