"And we live in relative peace because of their defence umbrella. And that pisses off those who would like us to become the most southern state of a massively militarised China."

China doesn't want to project power all over the globe or be a nation in perpetual war you silly old fool.
It supports a multipolar world, and opposes US sponsored coloured revolutions and their interfering in the internal affairs of others.
It has a belt and road project, it wants to build a better world, unlike the West who wants to rule over the entire world with threats blackmail, regime change and military interventions.

All of you old timers are standing in the way of a better world, because you were taught to be hysterical over the communist menace.

The things China's accused of are done in the name of defense against a hostile United States and their attempts to stir up civil unrest inside China.

AC,

You do no research before you post your drivel.

China is building a massive navy with aircraft carriers for the sole purpose of projecting power globally. To this end, it has built armed islands in the territorial waters of other countries. Presently China is one of the most aggressive countries in the world.

As for China's belt and Road initiative, it has been a disaster. China used only Chinese Labor and charged double the interest rate than other aid programs many of these projects are either failing or vanity projects with no infrastructural value. 60% of the countries are in default with China unlikely to get any of its money back.

As for China's economy, due to its massive debt burden and mistreatment of foreign investors China is in real danger of slipping into a prolonged recession.