China’s commercial satellite and launcher space boom: ‘Thank you Elon Musk and Jeff Bezos’

by Peter B. de Selding

 

LUXEMBOURG — More than 50 privately financed Chinese commercial space companies have been created in the last three years, taking advantage of a government policy that encourages private-sector involvement in a former state monopoly.

China's NewSpace movement shows every sign of accelerating, even if there is the risk of a bubble similar to that seen in some niches of the U.S. and European NewSpace sectors.

“Chinese economic growth has been so fast and in the past two years space has gotten into what we call the . . .

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