30 November 2018
Think of the private sector in space, and chances are that SpaceX comes to mind. But rocket by rocket, payload by payload, communist China is laying the foundations for the future domination of the private space industry. For the moment, China is the fourth-largest market for private aerospace investment behind the U.S., U.K. and France. It has attracted just 3 percent of the world’s total private investment in this sector since 2009, but it’s the fastest-growing market in the world, according to New York–based Space Angels, which offers financial services to the industry.
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