China’s People’s Liberation Army Navy is rapidly growing its fleet and improving its capabilities, according to a new Defense Department report, but analysts say the United States retains a sizable advantage at sea. Defense Secretary Lloyd Austin released the Defense Department’s annual report to Congress on China’s military and security developments earlier this month. The report paints a picture of a rapidly growing, modernizing Chinese navy poised to continue to narrow the gap between itself and the U.S. Navy. The...