Published: 12:46pm, 15 Apr, 2019 Updated: 10:14pm, 15 Apr, 2019
China’s satellite navigation system, Beidou, is predicted to create a CNY2tn ($298bn) services market by next year, according to the secretary general of China’s association of global navigation system applications and location-based services. The Chinese government has been pushing for more than two years to develop its own space program, which would be able to compete with U.S. rivals such as SpaceX Inc