The Chinese aren't taking the bait. They're spinning away from confrontation-
http://shanghaiist.com/2016/11/18/trump_taiwan_expand.php
They're playing it as Trump just chasing the God Almighty Dollar, not a diplomatic brouhaha.
I've always bet on the likelihood that the Chinese are rational and restrained. They have lived through some grim history, and they know it.
Even at the height of their post-war revolution, they didn't enter the war in Korea until MacArthur's troops came close to the Yalu River, and it had been a reluctant promise to Grandfather Kim, whom Mao mildly despised.
Trump either succeeded or failed in business with a gambler's inclination to take insane risks. Even as Buffet had discussed Trump's near-billion in losses that netted him carryover loss claims on his taxes, NYT is now investigating the possibility that Trump actually cheated on his taxes, which is another type of risk-taking.
The South China Sea is another issue of regional hegemony. Even Vietnam is on the opposite side of the equation from China on that one. Talk about it later.
But this news about Trump's pre-inauguration contacts is still unsettling.
All he needs to do is make one, big misjudgment and mistake. If you simply want to depend on our military spending as a solution, you could be barking up a very unnecessary and costly tree. Who really knows what could unravel from this?