Rapid Fire 2010-08-18: China Defense Updates

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* National Defense magazine: “With Gates’ Proposals, the Edge Of the Perfect Storm Comes Ashore” * China Resurgent: DoD’s overdue report to Congress on China’s military capabilities says China is beefing up its ballistic and cruise missiles, naval, and air defense forces. Report [PDF] * Uniformly Profitable: Chinese military uniform maker Jihua Group sees the price of its shares soar by 76% on its trading debut at the Shanghai Stock Exchange. * Keeping in Touch: Updated CRS report [PDF] details US-China military exchanges since 1993. * 179th Airlift Wing in Ohio becomes the first US ANG(Air National Guard) unit to convert to the C-27J Spartan. * Northrop Grumman announces a successful Preliminary Design Review for its US Navy CANES solution. * China expands military exchanges with Serbia and Bolivia. * Conservative think tank the Heritage Foundation warns against drastic cuts in US defense budget. * BRAC base closings can devastate US towns where bases are located. Other locations may open new industrial parks, or take advantage of a sudden airport upgrade.

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