China may lag the U.S. when it comes to space technology, but Beijing's spending billions of dollars to close the gap,with possibly profound consequences for the balance of power in Asia. (September 13, 2012)
Okay it's. Now China and the US are taking rivalry to the final thing. US winner over 400 satellite. The robotic lab on Mars and decades of leadership. In consultancy -- -- 2012 -- competitiveness index. America ranks at the top. China got its sights on the start. Beijing's ambitions are hitting an iron. I know the Chinese are are planning on going to the moon and I I hope they have a good experts doing that and I hope they stop and take a look at our flag that was put their 43 years ago it. China's spent about three billion dollars on civil and military space technology into when he eleven. That's a fraction of the US budget the triple the amount it spends in 2006. The country also performed a record eighteen Orbitz launches last year overtaking the US for the first time. And while Beijing insists its program is peaceful. Not everyone is buying that. That's because China's space program is shrouded in secrecy and US defense officials are worried about its military application. In 2007. The Chinese raised eyebrows by firing a missile into the phase. Proving it had to technological capability to destroy -- target. But the real concern for Washington is that China's space raise the spark a power shift in Asia. By having great space president's. -- and -- -- the PLA to have better navigation and communication intelligence reconnaissance on all these capabilities in space that how the army on the ground. So -- that means that the US we'll have a greater problems in in in terms of you know freedom of insuring its freedom of action in the region. So while the US remains the only space superpower. For now it's no longer -- light years ahead. These -- your kids on him later. -- the question is -- wouldn't typical CEO making good president and the answers. No it's -- because their whole idea of how they control their environment is by by fiat by order you can tell people you do that they have to do that. And you could present doesn't have those powers.