Key Points
US identifies China as a top threat in military and cyber domains
Advanced Chinese military tech includes hypersonics, stealth, cyber capabilities
Focus on Taiwan suggests a Chinese strategy against US military involvement
Economic pressures on Taiwan may intensify if formal independence is pursued
The agencies categorized threats to the US into two main groups: "nonstate transnational criminals and terrorists" and "major state actors," which include China, Russia, Iran, and North Korea, as reported by Taipei Times.
China is highlighted as the nation "most capable of threatening US interests worldwide," although it remains cautious about jeopardizing its economic and diplomatic reputation, according to the report cited by Taipei Times.
US Director of National Intelligence Tulsi Gabbard testified to the Senate Intelligence Committee, as quoted by Taipei Times, that "China's military is deploying advanced technologies, such as hypersonic weapons, stealth aircraft, advanced submarines, enhanced space and cyberwarfare capabilities, and a larger stockpile of nuclear arms."
According to Gabbard, China is also enhancing its military capabilities partly "to secure an advantage in the event of military conflict with the United States" regarding its aspirations for unification with Taiwan.
The report indicates that China is likely making "steady but uneven" advancements in the capabilities it would employ to take control of Taiwan and to deter or counter US military involvement.
Beijing is expected to continue applying "economic pressure" on Taiwan, which will likely intensify if Taiwan pursues formal independence, the report observes, as noted by Taipei Times.
China might escalate its coercive measures by withdrawing preferential tariff agreements, selectively prohibiting imports from Taiwan, and arbitrarily enforcing regulations, as per the report .
Despite bolstering its capabilities, China encounters "daunting" challenges, including corruption, demographic disparities, and economic and fiscal difficulties, which could hinder its leaders' strategic and political objectives, as described in the report.