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Congressional commission: U.S. underestimates China’s military strength

The United States has underestimated the growth of China’s military as policymakers have taken public statements at face value or failed to understand Beijing’s thinking, a study said Thursday. The report prepared for the US-China Economic and Security Review Commission said the United States had a mixed record on predicting…

Chinese media dismisses ‘cock-and-bull’ Pentagon report

BEIJING (Reuters) – China’s state news agency on Thursday condemned a Pentagon report on China’s growing military might, calling its account of Beijing’s weapons modernization drive an alarmist “cock-and-bull story.” The Pentagon’s annual assessment of China’s military strength, which was released on Wednesday, said Beijing appeared to be on track…