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The Chinese and Russians seem to be going for intermediate-range semi-ballistic missiles (i.e. with terminal guidance and maneuvering), China in particular focusing on the anti-ship role and seriously worrying the US Navy in the process.

Of course, no one knows that the next war is going to look like until it happens; speculation on what mix of weapons will be most effective is fruitless without combat experience, and we haven't had symmetrical wars with the latest technology since... what, 1973?

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