Are we returning to Cold War tactics or will we see a conflict in the near future?

All around us there are signs of a return to a cold war relationship with Russia and China. The U.S., Russia and China have been flexing their military muscles. In the last couple of years there have been multiple military moves which seemed to be aimed at testing the limits of each other and or as trying to provoke each other.

Russia and China more often than not deny that they participated in some of these actions, while U.S. plane crews take photos of Chinese aircraft.

Provocation after provocation is leading to greater tensions between the countries. Tensions grow over cyber hacking, missile placement, close air encounters and other actions.

*Chinese fighter jet flew dangerously close to a U.S. navy plane.
*Chinese beef up naval patrols in the South China Sea.
*Chinese established a air defense in the East China Sea because of a territorial clash with Japan.
*Chinese cyber attacks.
*Russia bullies Ukraine and pushes it's claims up to the North Pole.
*Russia annexes Crimea.
*Russia shifted several of it's nuclear capable, long range missiles to a territory near Poland
*Russia reinforces it's FOB in Syria
*The U.S. bases four warships in Singapore.
*American tanks move across Europe
* US military maneuvers in Georgia
* American troops landing in Ukraine

Are we on a course to return to cold war policy or for a military conflict? Are we again entering into a game of chicken?

What are your thoughts?

https://www.washingtonpost.com/world/national-security/china-russia-flex-muscles-in-increasing-number-of-close-calls-with-us-aircraft/2014/10/04/a398731c-4b21-11e4-891d-713f052086a0_story.html