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Experts say Chinese aerospace companies are catching up to Elon Musk's SpaceX, eyeing the global space economy.
Experts state that Chinese aerospace companies are narrowing the gap with Elon Musk's SpaceX and seeking to expand their influence in the global space economy. SpaceX's rise in the rocket launch industry has spurred China to rapidly develop its own technology, and Chinese domestic companies are expected to compete with SpaceX in the near future.
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