Doesn't sound like it:
[Y]es [the Chinese are] a military threat. They’ve indicated that they’re trying to develop nuclear capability and they want to develop more aircraft carriers like we have. So yes, we have to consider them a military threat.
Bryan Preston pounces:
In the context above, Cain’s answer suggests that China lacks nuclear capability but is developing it. But China currently has more than 400 nuclear weapons (as of 1999, anyway). According to Nature News, it has 13 nuclear reactors online for producing electricity, with another 20 under construction. China became a nuclear power in 1964. For what it’s worth, Cain does get partial credit on the aircraft carriers, since China launched her first one in 2011.