This is trite, but empty vessels make the most noise. There really is a lot of attention behind the scenes on China. The Trans-Pacific Partnership really was an effort to secure a set of trade rules in the Pacific to match what was going on in the security side. Behind the scenes, there really is a lot going on, such as the dialogue last week at the IISS Shangri-La Dialogue on the military front. I've just come back from Asia, where they are much more concerned about what's taking place with regard to China than they are necessarily about Russia.
I'd recommend a good book to read, Easternisation: War and Peace in the Asian Century by Gideon Rachman, who is the lead foreign affairs correspondent for The Financial Times. It's just out. I think that would address a lot of what you're talking about.
I do think there is actually a fair bit of attention, as there should be, because I do think China is the rising power. The declining power, which is, in fact, probably the more dangerous one, is Russia.