(CNN) The Pentagon released a report Friday accusing China of seeking to undermine the US military's industrial base, the latest in a series of US jabs at Beijing.

"China represents a significant and growing risk to the supply of materials and technologies deemed strategic and critical to US national security," the report said.

"China's trade dominance and its willingness to use trade as a weapon of soft power increases the risks America's manufacturing and defense industrial base faces in relying on a strategic competitor for critical goods, services, and commodities," the report adds.

The study, mandated by US President Donald Trump last year in an executive order , identified nearly 300 "vulnerabilities" that could affect the supply of critical materials and other supplies essential to support the United States military.

One of the most pressing concerns is Beijing's control over the supply of critical technologies and materials, which could pose a significant risk to US industries that are vital to national security, the report said.

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