[The following is the video transcript of the conversation at the Stratfor Media Center between Stratfor analysts Paul Floyd and Rodger Baker. Videos of such conversations are available for Stratfor clients to watch on the Stratfor website.]

PAUL FLOYD: Hello. I’m Paul Floyd and today I’m joined by Roger Baker. And we’ll be discussing the recent release of China’s defense white paper that just came out. So Roger, on the surface of it, what did you first notice within the white paper that kind of stood out to you? Was there anything that was notable or that was different from previous white papers?

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