From the Washington Post:

A top-to-bottom modernization is transforming the Chinese military, raising the stakes for U.S. forces long dominant in the Pacific.

Several programs to improve China’s armed forces could soon produce a stronger nuclear deterrent against the United States, soldiers better trained to use high-technology weapons, and more effective cruise and anti-ship missiles for use in the waters around Taiwan, according to foreign specialists and U.S. officials.

In the past several weeks, President Bush and his senior aides, including Defense Secretary Donald H. Rumsfeld, Secretary of State Condoleezza Rice and Director of Central Intelligence Porter J. Goss, have expressed concern over the recent pace of China’s military progress and its effect on the regional balance of power.

Thanks to Jimmy Goodrich for contributing this link.