I've posted several articles on China recently, but this one by Frederick W Stackelbeck, Jr., published today, offers an extraordinarily helpful survey of the way China has created a global network of friendships and alliances that are at odds with the United States. The article surveys China's activities on all the continents. It seems to me the U.S. has been sleep-walking for years by its negligence.
UPDATE: A very informative four-member panel discussion titled China: Time Bomb Walking is well worth reading. It was published April 21, 2006.