National Security Snapshot: Challenges Facing DOD in Strategic Competition with China [open pdf - 1MB]
From the Document: "According to the 2021 'Interim National Security Strategic Guidance', China is increasingly assertive and the only competitor potentially capable of combining its economic, diplomatic, military, and technological power to mount a sustained challenge to a stable and open international system. From a defense perspective, China is a significant and long-term security threat and the pacing threat in most areas, according to the Secretary of Defense. However, the Department of Defense (DOD) has also highlighted weaknesses and challenges facing China. For example, the Defense Intelligence Agency reported that China, as a large developing country, still faces multiple complex security challenges including several regional territorial disputes."
Government Accountability Office: https://www.gao.gov/