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It's no coincidence that this show of force near Alaska comes just ahead of Joe Biden's address to the nation about his reasons for withdrawing from the presidential race. China and Russia want to exploit the US leadership weaknesses and power vacuum. The Biden administration keeps failing to maintain adequate national security, sending the wrong messages to its rivals.
Military provocations by US adversaries are nothing new, so this latest incident near Alaska has nothing to do with either an alleged weakness of the Biden administration or an alleged US global leadership crisis. During the Trump administration, for example, China and North Korea carried out aggressive operations while terrorists attacked US troops in Iraq and Syria.