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Illustration: Aïda Amer/Axios
China is ramping up plans for government-sponsored satellites to beam internet from space, taking on U.S. rivals like SpaceX and Amazon in the race to own the next frontier of connectivity.
Why it matters: There s growing concern that China is trying to enter the space internet market with the same strategy it used on earth with Huawei and 5G use a state-backed company to undercut competitors and spread global influence.
What s happening: China is attempting to launch its own network to rival global competitors.
China s StarNet would launch 10,000 satellites in the next 5 to 10 years, according to an Asia Times report that cites a publication run by the official China News Service.