China is moving systematically to be a world power in economics and military operations by 2050, say panelists discussing whether China is a friend or a foe. However, none of this morning's panelists from the "China: Friend or Foe" breakfast dialogue could resolve that overall issue. They noted that many of China's moves are based on supporting its long march to modernization, and it sees continued peace in East Asia as a key to achieving that goal. However, it believes it must be able to counter U.S. military power to ensure its continued progress. And, it has gone to war frequently in the past 60 years, often while at peace.