Sydney: China is capable of a direct missile strike on Australia and the threat is growing as Beijing amasses long-range and hypersonic weapons and builds islands in the South China Sea, an Australian think tank said on Sunday.A Lowy Institute report found the main threat to Australia was from Chinese missiles fired from ships, submarines and a new intermediate-range ballistic missile that could reach the island continent from China.Also read: India, Australia to sign pact to deepen defence industry cooperationChina's capacity to strike Australia would grow over the next decade as "the DF-27 intermediate-range ballistic missile, and potentially a conventionally…