China submarines to soon carry nukes, draft U.S. report says

China in the meantime remains “the most threatening” power in cyberspace and presents the largest challenge to U.S. supply chain integrity, the U.S.-China Economic and Security Review Commission said in a draft of its 2012 report to the U.S. Congress.

Beijing is “on the cusp of attaining a credible nuclear triad of land-based intercontinental ballistic missiles, submarine-launched ballistic missiles, and air-dropped nuclear bombs,” the report says.

Chinese President Hu Jintao has made it a priority to modernize the country’s navy. China launched its first aircraft carrier, purchased from Ukraine and then refurbished, in September.

“Building strong national defense and powerful armed forces that are commensurate with China’s international standing and meet the needs of its security and development interests is a strategic task of China’s modernization drive,” Hu said in a speech on Thursday at the opening of the Chinese Communist Party’s once-every-five-years congress.

Full article: China submarines to soon carry nukes, draft U.S. report says (Reuters)

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