The partially redacted 37-page report, which marks the culmination of a two-year review conducted by committee staff, states that the intelligence community has "not sufficiently adapted to a changing geopolitical and technological environment increasingly shaped by a rising China." "Absent a significant realignment of resources, the US government and intelligence community will fail to achieve the outcomes required to enable continued US competition with China on the global stage for decades to come, and to protect the US health and security," the unclassified summary reads.
In a statement Wednesday, Rep. Adam Schiff, the committee chairman, summarized the findings by saying "our nation's intelligence agencies have a lot of work to do to fully address the challenge posed by China."