Interesting comments and perspective on China. I am going to do some research...It may take a while before I know enough to rebut or agree with your assessment, but I want to see what I can learn about China and their ambitions.
I can tell you one negative for sure. When I was in the Navy we had an intel plane that was in international waters off the coast of Hunan that crashed. The Chinese held for a while but eventually released the crew, but they tore the plane apart and learned all they could about our intel.
http://www.globalsecurity.org/org/news/2001/010402-aries4.htm In general, you are right, the more trade, the less conflict. I'll get back to you on this though.