China is stealing our jobs, is double crossing us as a supposed ally, much like Pakistan, and is most likely going to start another Cold War with the super powers of the world.
Okay, I am going to admit that this post is going to come off pretty condescendingly. For that, I apologize, but you used the words "stealing our jobs". I can no longer take you seriously because of that.
Now, to begin with, China is not stealing our jobs - Americans are selling those jobs to them because it is more cost-effective. This is how capitalism works, and it's a fairly major drawback. Americans can earn those jobs back, but we'll have to accept lives as basically slave labor. Note that it is, almost universally, American executives making the decision to construct factories in other nations, because it is more efficient and allows them to pass goods on to Americans at lower prices (something we, as a nation, demand). This applies to manufacturing, which is (I assume) what you're referring to. Now, if you're referring to research, you'll have to take it up with our failing education system. I, for one, am not going to fault China for not being completely moronic about schooling. If you're referring to service industries that don't require physical presence, you'll have to take it up with India. If you're referring to just about anything else, you're a crackpot. In short, this entire point assumes a couple of things that aren't true - the most important of which is that any other nation in the world should intentionally hurt itself just to avoid competition with the United States. Ally or no, that's just ridiculous.
Moving on to double crossing us, I'm afraid you're going to have to clarify that. Economically, China is as much or more dependent on the United States economy as the United States is on its, so that avenue of betrayal is absurd. Politically, I don't believe the United States has had very much in the way of differences with China lately, aside from on a variety of humanitarian issues (which can hardly be described as China betraying the United States so much as its own citizens) and the existence of Taiwan (which is basically a non-issue at this point) - I could be wrong on that, and RedKing could correct me if he's reading this thread, most likely. We probably have some native Chinese members as well.
As for a Cold War coming soon, I'm doubtful. I mean, I haven't seen any evidence of that, and I just plain don't know how to respond to that since it seems so off-the-wall. Could you post a link or two, I'm genuinely curious.