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China's Missile Network Expands as US Capacity Strains

China's military-industrial base is accelerating production through roughly 80 firms posting record revenues. Private sector participation is broadening Beijing's manufacturing reach. The expansion comes as American missile stockpiles face depletion from ongoing regional conflicts. Chinese firms are leveraging both state-owned enterprises and commercial manufacturers to sustain the buildup. Analysts point to the civilian-military integration as a key driver of efficiency gains. The development raises Pentagon concerns about relative inventory positions as geopolitical tensions persist.