A Chinese fighter of nominally the same technology generation as the Lockheed Martin F-22 will soon enter flight testing, while a jet airlifter larger than the Airbus A400M should be unveiled by year-end. Beijing’s fighter announcement suggests a serious failing in U.S. intelligence assessments, mocking a July 16 statement of U.S. Defense Secretary Robert Gates that China would have no fifth-generation fighters by 2020. Industrial competition looks more remote than strategic competition, ...

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