A Long March-3B rocket carrying the new BeiDou satellite was launched from the Xichang Satellite Launch Center in Sichuan province on Nov. 5, 2019.
Credit: Imagechina Limited/Alamy Stock Photo
China has gained an outsize presence in commercial space in less than a decade on the back of heavy spending, which grew to 9 billion Chinese yuan ($1.3 billion) in 2021 from nearly zero in 2014, according to the space market intelligence company Euroconsult. Matching the big spending are lofty...
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