The Pentagon’s Annual China Report…

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….is going to be released Wednesday afternoon. Can we all calibrate our threat-hype meters beforehand? Fearsome new warplanes? Check. Scary aircraft carrier? Check. Able to gobble up Taiwan as mainland China keeps our carriers at bay with its fearsome carrier-killing missiles? Check. May need to sell Taiwan — think of it as a permanent aircraft carrier less than 150 miles from China, not very maneuverable but tough to sink — some more F-16s. Check. Renewed calls to spend hundreds of billions to keep the Yellow-Red (hmmm…guess that would be Orange) Menace in its place. Checkmate.