Washington Times: China holds more U.S. debt than indicated.
Despite recent government reports that China's holdings of U.S. Treasury debt declined during the second half of last year, the Asian economic giant almost certainly owns far more Treasury securities than official statistics indicate. After peaking at $801.5 billion, China's holdings of U.S. Treasury securities declined to $755.4 billion at the year's end, dropping the communist power into the position of second-largest holder of Treasury debt after Japan's $768.8 billion, official government data reveal.

New York Times: China Warns U.S. Against Selling F-16s to Taiwan.
A top Chinese military official reaffirmed China’s resolve to punish the United States over its decision to sell weapons to Taiwan and suggested on Thursday that there would be even greater consequences should Washington fulfill a longstanding request by Taiwan for advanced fighter jets. 

Washington Times Op/Ed: Selling China the digital rope to hang us (Kevin Kearns).
U.S. policy toward China increasingly sounds like a spoof from "Saturday Night Live." Google has accused China of launching cyber-attacks on it and least 20 other companies. The Obama administration has all but implicated Beijing in a recent electronic warfare campaign against critical computer networks throughout the U.S. government, military and the broader economy. And for good measure, the Obama Pentagon has identified China's growing military might - powered by is burgeoning technological prowess - as a major threat to U.S. interests not only in East Asia, but also globally.

Washington Post: Poll shows concern about American influence waning as China's grows.
Facing high unemployment and a difficult economy, most Americans think the United States will have a smaller role in the world economy in the coming years, and many believe that while the 20th century may have been the "American Century," the 21st century will belong to China.

Reuters: China PLA officer urges challenging U.S. dominance.
China should build the world's strongest military and move swiftly to displace the United States as the global "champion," a Chinese PLA officer says in a new book reflecting swelling nationalist ambitions. "China's big goal in the 21st century is to become world number one, the top power," Liu writes in his newly published Chinese-language book, "The China Dream." 

Politics Daily: China, Iran Creating 'No-Go' Zones to Thwart U.S. Military Power.
During the Cold War, the Pentagon built the greatest naval and air forces the world had ever seen, endowing the United States with the superpower ability to land huge military forces anywhere in the world, at any time, whether invited in or not. But now the party's over. The United States, Pentagon strategists say, is quickly losing its ability to barge in without permission. Potential target countries and even some lukewarm allies are figuring out ingenious ways to blunt American power without trying to meet it head-on, using a combination of high-tech and low-tech jujitsu.