• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

3

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

3

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Commentary

China Is Winning the 21st Century Space Race

By
Vikram Mansharamani
Vikram Mansharamani
Down Arrow Button Icon
By
Vikram Mansharamani
Vikram Mansharamani
Down Arrow Button Icon
March 31, 2016, 4:00 PM ET
CHINA-JIUQUAN-MAPPING SATELLITE-LAUNCH (CN)
JIUQUAN, Oct. 26, 2015 -- A Long March-2D carrier rocket carrying the Tianhui-1C mapping satellite blasts off from the launch pad at the Jiuquan Satellite Launch Center in northwest China's Gansu Province, Oct. 26, 2015. Designed by a subsidiary of the CASTC, Tianhui-1C is the third satellite in the Tianhui-1 series and will be used for scientific experiments, land resource surveys, mapping, crop yield estimation and disaster relief.(Xinhua/Yang Shiyao via Getty Images)Photography by Xinhua News Agency Xinhua News Agency/Getty Images

At a cost of more than $150 billion, the International Space Station (ISS) is the most expensive object ever built. This price tag is more than double thecombined costs of China’s Three Gorges Dam, Boston’s Big Dig, and theChunnel. But as noted by CNN, funding for the ISS may run out in the early 2020s.

That happens to be around the same time that the Chinese are expected to complete their own space station, potentially leaving the Asian power with the sole operating lab in the heavens. And given that Congress banned NASA from working bilaterally with anyone from the Chinese space program, it’s unclear if American astronauts will be welcome.

The Chinese space station is merely one part of the Middle Kingdom’s extraterrestrial ambitions. Tinkering in the heavens has emerged as an important plank of its geopolitical strategy. And if recent history is any guide, the Chinese are serious about their plans in space.

To begin, their program has already accomplished a great deal over the past few years. In 2013, China became the third nation—after the United States and the Soviet Union—to soft-land a spacecraft on the moon. In 2014, the country also sent a probe around the moon and back, the first such mission since the 1970s.

But China has even grander plans. These include a 2018 mission to send the first probe in history to land on the “dark side” of the moon, whose extraordinary geology is largely unexplored. Other plans aim to bring back lunar samples as well as to land humans on the surface of the moon. The country has Martian ambitions as well.

What are the Chinese doing? Why the increased focus on space and specifically the moon? I see several reasons.

First, China views space as a potentially game-changing source of energy security. Specifically, the moon has abundant supplies of helium-3, a light and non-radioactive fusion fuel that is virtually non-existent here on Earth. Because it lacks an atmosphere and has been bombarded by solar winds containing helium-3 for billions of years, the moon has massive volumes of the isotope. Some estimates suggest there are at least 1.1 million metric tons of helium-3 on the lunar surface, enough to power human energy needs for up to 10,000 years.

With one of the fastest-growing appetites for energy on the planet, the Chinese are highly aware that securing access to this other-wordly fuel would be a hugestrategic advantage. Interestingly, Silicon Valley is also vying for the moon’s helium-3, spurred in part by the $30 million Google Lunar XPRIZE.

China is also pushing into the heavens to encourage technological developments. Just as America’s response to Sputnik fueled basic research and applied science, so might China channel its out-of-this-world ambitions into useful developments here on Earth. In fact, the chief scientist of China’s lunar exploration program cited the spillover benefits expected in information technology and materials science as a key motivator of the program.

Watch more about China:

The Chinese are also keenly aware of the military significance of space. A 2015 US congressional report explained how “for China’s military, the use of space power can facilitate long-range strikes, guide munitions with precision, improve connectivity, and lead to greater jointness across its armed forces.” The document described a Chinese leadership that thinks that “space warfare is inevitable” and that China must dominate it. It’s worth noting China’s recent testing of anti-satellite weapons.

Finally, there is no question that Chinese success in space will be a source of pride and support rising nationalism. It will give China bragging rights and have a unifying influence on the country. In fact, Lieutenant General Zhang Yulindiscussed his space ambitions in terms of the “great rejuvenation of the Chinese nation.”

As we focus on China’s terrestrial power plays, from its trillion dollar Silk Road to its construction of artificial islands in the South China Sea, we must also watch the emerging geopolitics (“exopolitics”?) of outer space. Dismissing distant developments overhead may prove as detrimental, if not more so, than ignoring those in front of our noses.

Vikram Mansharamani is a Lecturer at Yale University in the Program on Ethics, Politics, & Economics. He is the author of BOOMBUSTOLOGY: Spotting Financial Bubbles Before They Burst (Wiley, 2011). Visit his website for more information or to subscribe to his mailing list. He can also be followed onTwitter or by liking his Page on Facebook.

About the Author
By Vikram Mansharamani
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

How Grab’s CTO sees the superapp’s push into physical AI and automated driving—and why he uses his competitors’ robots in the office
AITransportation
How Grab’s CTO sees the superapp’s push into physical AI and automated driving—and why he uses his competitors’ robots in the office
By Angelica AngMay 22, 2026
8 hours ago
Trump AI and crpto czar David Sacks sits next to Meta CEO Mark Zuckerberg at a dinner table in the White House as Zuckerberg turns to Sacks and says something.
AIAmerican Politics
Tech billionaires convinced Trump to back off an AI executive order. But much of MAGA favors AI regulation
By Jeremy KahnMay 22, 2026
8 hours ago
James Daunt sits in a booksop, gesturing with both hands and smiling.
AIbooks
Barnes & Noble CEO clarifies the bookseller’s stance on AI-written books after refusing to ban them: ‘This is a straightforward rejection of AI books’
By Sasha RogelbergMay 22, 2026
10 hours ago
A photo taken during the Maroon Bells bicycle ride during Fortune Brainstorm Tech 2019 in Aspen, Colorado. (Photo: Fortune)
InnovationBrainstorm Tech
Fortune Brainstorm Tech 2026 will be brilliant
By Andrew NuscaMay 22, 2026
11 hours ago
Beyond the diploma: Skills that actually get graduates hired
Future of WorkWorkplace Innovation Summit
Beyond the diploma: Skills that actually get graduates hired
By Ashley LutzMay 22, 2026
12 hours ago
satya nadella
AITech
Microsoft reports are exposing AI’s real cost problem: Using the tech is more expensive than paying human employees
By Jake AngeloMay 22, 2026
12 hours ago

Most Popular

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
2 days ago
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
Success
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
By Preston ForeMay 20, 2026
3 days ago
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Workplace Culture
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
By Preston ForeMay 19, 2026
3 days ago
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
Success
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
By Emma BurleighMay 22, 2026
13 hours ago
Pay transparency is exposing a bigger problem: Most companies can't explain why they pay what they pay
Workplace Culture
Pay transparency is exposing a bigger problem: Most companies can't explain why they pay what they pay
By Sydney LakeMay 20, 2026
2 days ago
Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees
AI
Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees
By Jake AngeloMay 22, 2026
12 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.