China is racing to catch up to the military superiority of the United States, and it’s doing so by beefing up domestic innovation efforts in tandem with ongoing intellectual property theft efforts, according to a recent think tank report.
At the same time, the military arm of the Chinese Communist Party (CCP) is hindered by both the trappings of a socialist command economy and an inability to develop cutting-edge technology on its own, according to the RAND Corporation report (pdf) “Defense Acquisition in Russia and China.”
