The NY Times has an article ("Chinese Insider Offers Rare Glimpse of U.S.-China Frictions"). It is written by someone who has access to high circles in both China and the US. He sees in China an increasing attitude that their country should be the next number one in the world. America's antagonistic policy certainly hasn't contributed much.
What led to World Wars I and II was the British and French unease with the rise of Germany. As Germany had a bigger population and its economy was growing faster it was destined to become the most powerful. That led to containment policies that led to distrust, antagonism and in the end to war.
Now we see America making the same mistakes regarding the rise of China. Instead of stressing international law and cooperation - what would open the door for a peaceful transition - it is doing the opposite. In the case of Libya and Syria it is openly thrashing international law. There was nothing wrong with the US stationing a few soldiers in Australia. But there was a lot wrong with the way it was advertised as a containment policy towards China.
If the US wants to prevent China from becoming no.1 its priority should be to get united once again around a common goal. Unfortunately there is no sign of that. All the hate talk only serves to distract the population from the increasing inequality and dubious deregulation.