Ely Ratner, Assistant Secretary of Defense for Indo-Pacific Security Affairs, and Michael Chase, Deputy Assistant Secretary of Defense for China, delve into the U.S. Department of Defense's 2024 China Military Power Report. They analyze advancements within the People’s Liberation Army, highlighting concerns over military spending and nuclear arsenal growth. The discussion also uncovers the impacts of corruption within the PLA and examines evolving Chinese military dynamics, notably regarding Taiwan, the South China Sea, and China-Russia military ties.