China's Aircraft Carrier: Who Rules the Waves?

Is a far-reaching Chinese navy a threat to American naval superiority or to the West? Is China simply a major power, peacefully rising and pursuing its natural national interests? Perhaps, ruling the waves doesn't have the same importance in the 21st century? What do you think?
This Global Ethics Corner slideshow is part of a weekly series from the Carnegie Council. For all Global Ethics Corners, go to: http://www.carnegiecouncil.org/resources/gec/index.html

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[freebeerfordworkers]

For the first time in its history China is going overseas for its raw materials particularly to Africa. If it is to secure its supply lines it must have an ocean going navy this is not a argument just a statement of what every other major power does.