David Shambaugh is author of Modernizing China's Military: Progress, Problems and Prospects.

China is currently making strides in modernizing its military forces. Taking note of the success of American military might in the 1990's, the Asian giant has improved its military in terms of strategy, technology, organization and management. What does this mean for the balance of power in the decade to come? Author and Chinese military affairs expert David Shambaugh discusses his new research on the issue.