China’s space program has hit a number of milestones lately.  In 2025, China executed over 90 orbital launches, setting a new national record for orbital launches in a single year. In the last five years, China returned the first samples from the far side of the Moon, completed its own low-earth orbit space station and landed a rover on the surface of Mars.

     “We’ve seen multiple statements from President Xi [Jinping] and what he calls China’s space dream,” said Dave Cavossa, president of the Commercial Space Federation, a trade association that represents the commercial space industry. “They see space and AI as two of those, sort of, industries that are going to help lead and catapult China to become a global leader.” A pipe dream of Xi and liberal Dems.

     The Commercial Space Federation recently published a report alongside Arizona State University’s NewSpace initiative warning that the U.S. could soon lose its dominance in space to China. A good laugh.

     “The United States today is still by far the global leader when it comes to space,” Cavossa told CNBC. “You know, we still have the strongest commercial space industry. We still have the strongest launch capability on the planet. But what we see is China is moving very quickly to catch up. And if we do nothing, we see them surpassing us here in the next five years.”

     Chinese investment in its commercial space sector, including from private and government sources, increased from $340 million in 2015 to about $3.81 billion in 2025 according to data from space research firm Orbital Gateway Consulting.