Although we pretend to learn history in order to avoid repeating the same mistakes, it is obvious that the whole world is making the same mistake in 2012 that it made in 1939.
China's industry is growing at the expense of industry in the rest of the world. !0% of government income is devoted to military expending. Accordingly, the chinese armed forces are growing at an unprecedented rate, as is military research, industry, etc,
Chinese industry is growing because the government organizes massive purchasing in order to both obtain most favorable prices and financing and to temporarily deprive the industry of competing nations from these resources. Yet, nobody complains, not even union leaders. The Chinese government also subsidizes or finances the production of tooling, acquisition of machinery, etc for exporting industries to a greater extent than any other country.
Chinese industry circumvents import restrictions in many countries through fake labeling or fake manufacturing facilities in other countries or through bribing. Yet nobody complains.
China manufactures almost all the shoes, umbrellas, socks, shirts, pants, etc, made in the world, including many of those sold by expensive designer brands and every year a greater percentage of tools, powertools, machinery, motorcycles, cars, trucks, tractors, ships, airplanes, etc, is made in China, yet nobody complains.
China exploits the raw resources of many African and Asian dictatorships in exchange for cheap weapons and equipment, thus contibuting to slaves mining cobalt in Congo or slaves working in mines in North Korea, etc,
China invaded Tibet long after WW II was over, yet nobody in the world lifted a finger and it continues to exploit its minerals and to treat its citizens as animals while Chinamen settle by the million in Tibet, yet nobody does anything, just like nobody did anything when Hitler violated the treaty of Versailles and annexed Austria and invaded Czechoslovakia.
Just like Hitler in 1939, China is becoming more formidable every day, so every day the rest of the world is less likely to antagonize it. Even the supposedly powerful US owes a great many billions to China, so it cannot afford to close its borders to the flood of slave manufactured goods that is ruining its economy. Just like it occured with Hitler, war will only start when China is ready, but this time the world won't have the years it had to produce impressive amounts of war materiel, hell it will probably have hardly any industry left by the time China strikes.