That's about it, they're drawing the line in the sand and forcing others to have to 'cross it' and be responsible for initiating the hostilities. As far as China is concerned they now have land terrirory there so they are playing within the rules that have been forced upon them by the rest of world.
Like PE said, pretty much from China's first historical interaction with the west they've had a pretty rough time and really got knocked off their pedestal due to shame of being strong armed, resources taken from them, terms dictated to them, the whole opium thing, yadda-yadda..
So now China's became that bullied kid from high school who spent the next bunch of years going to get his MBA, start-up a gazillion dollar company, got braces and a nose job and cleaned up the acne, got in killer shape, traveled around the world to get interesting, and grew a tonne of self-confidence. Now he's back to find the guy that used to bully him so he can steal away his girlfriend and buy the Radio Shack he's working at just so he can fire him.