Beijing is pouring capital and policy support into the commercial space sector

A Long March-8 rocket blasts off at the Wenchang Space Launch Center in Hainan province, China, in March 2024. (China Daily via Reuters)
GU ZHAOWEI, QU YUNXU and HAN WEI, Caixin
Space is emerging as a strategic domain, defined by scarce resources and rapid technological change, a new arena for competition among major powers.