From CNN (link):
China’s rapid military buildup could throw off the balance of power in Asia and threaten other countries in the region, according to a Pentagon report on China’s military power.
The Pentagon’s annual report to Congress says the country’s consistent defense spending on aircraft, missiles and ships means China is ever closer to a longer-range military reach.
Read the full Pentagon report (link). See also “Pentagon Warns of China Military Expansion” from the Guardian (link).