China Plans Space Station By 2020 293
RedEaredSlider writes "China unveiled plans for its own space station, to be completed by 2020, along with a cargo ship to ferry supplies to and from orbit. The fact that the country is proposing one is a sign of the Chinese government's ambitions in space. China is the third nation to launch its own manned rockets into space, sending its first astronaut into orbit in 2003 aboard the Shenzhou 5 rocket. Since then two other manned missions have been launched."
Re:Chinese GDP (Score:2, Informative)
The US has a lot of work to do its own economy, so this isn't meant to downplay anything about that. It's also not meant as anything negative about China--bubbles happen everywhere.
Having said that...
The idea of a China bubble isn't too far-fetched, and is on the radar of a lot of economists. It's not just about China either, but all of the emerging-economy nations that have seen recent rapid growth.
E.g., http://www.economist.com/node/18560195
Re:Chinese GDP (Score:1, Informative)