China To Establish $10 Trillion Economic Zone In Space | WHAT REALLY HAPPENED

China To Establish $10 Trillion Economic Zone In Space

Having already created 12 free trade zones (with 6 more coming soon) in and around major Chinese metro areas...

... Beijing's next project to boost commerce is more ambitious than anything seen on earth before. Literally.

According to the Global Times, China plans to establish an Earth-moon space economic zone by 2050, which is expected to generate $10 trillion worth of services per year. The zone will cover areas of space near Earth, the moon and in between.

In a report on developing earth and moon space, Bao shared his thoughts on the economic potential in this field and pledged that the country would study its reliability, cost and flight-style transportation system between the Earth and moon, The Science and Technology Daily reported Friday.

He pledged to complete basic research and make a breakthrough on key technologies before 2030 and establish the transportation system by 2040. By 2050, China could successfully establish an earth-moon space economic zone, he said.

In other words, while the US contemplates a Green New Deal, China is set to counter with a "Space New Deal", which would likely cost tens of trillions too.

Webmaster's Commentary: 

This may well be an amazing leap for all of humankind, if they are able to pull this off!!!

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