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China Vies for Space Business

United Press International

China said today that it is ready to expand its fledgling commercial satellite launch service to meet the “urgent need” created by failures in the U.S. and European space programs.

Vice Minister of Astronautics Sun Jiadong said delays in the U.S. and European space programs, combined with China’s launch and insurance prices--10% to 15% less than international rates, have brought at least 12 nations as potential customers to Peking.


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