AWB2: China is not 'scaring the crap out of America' or the EU. The PLA's modernisation is causing quite a bit of discomfort in Japan, but only because the Japanese are having to face the certainty of slipping to #3 among West Pacific military powers.
China has been reducing the size of her uniformed forces for years. The ongoing modrnization is the natural result of China's new prosperity and capabilities. The only governments they hope to 'scare', or impress, are immediate neighbors like Taiwan, India and Russia.
The USA and China are not at war, not even a cold war. Also, please remember that Brits, Spaniards, Russians, Germans, Japanese, North Koreans and Sadam Hussein's Iraq have, at some time or other, 'scared' us Americans.
Ben James
Oklahoma, USA