Yes, I definitely think so. First of all, France had such a long history of fighting with Britain and has never really quite approved. Also, I think France still had the most powerful army in Europe and probably the world as well as a modern navy. Colonial envy and ambitions were never good for friendship and France had plenty which ran up against Britain. Thailand, the Pacific Islands, West Africa, North Africa, East Africa... And don't forget the grudge they would have for the lands lost. Furthermore, Germany was not the threat it would become later; quite the contrary, the French had occupied Germany and thrashed Prussia less than fifty years ago under Napoleon. I think France, given a less Britain-friendly regime and a more ambitious foreign policy (which is not hard for such a country) might not just be hostile but dangerous too.