China is flexing its growing military and strategic clout in the pursuit of broadening national security interests. At the same time, the country's economic and technology policies have also become more nationalistic, state-centered, and ambitious. China's defense economy has set its sights on catching up with the West by the beginning of the 2020s and is making steady progress in building up its innovation capabilities, although this is presently in the form of incremental and sustaining types of activities. More high-end, disruptive forms of innovation that would lead to major breakthroughs...