CHINA’S EARTH-MOON FREE TRADE ZONE

CHINA’S EARTH-MOON FREE TRADE ZONE

This very important, and very intriguing, story was spotted and shared both by C.J.M. and G.B., and this one has my high octane speculation motor running in overdrive. The context? China wants to establish an Earth-Moon free trade zone that it estimates would net that country about $10 trillion in revenue. But there's something that caught my eye. Here's the Zero Hedge version of the story:

China To Establish $10 Trillion Economic Zone In Space

And by way of comparison, the RT version of the story:

Space economy: China wants to set up $10 trillion Earth-Moon economic zone

If one compares the RT vs Zero Hedge version of this story, one notes some rather significant omissions from the RT version. The question is, why. When one reads the Zero Hedge version, there are perhaps some hints, if one contemplates the implication of certain statements carefully:

... Beijing's next project to boost commerce is more ambitious than anything seen on earth before. Literally.

According to the Global Times, China plans to establish an Earth-moon space economic zone by 2050, which is expected to generate $10 trillion worth of services per year. The zone will cover areas of space near Earth, the moon and in between.

Bao Weimin, director of the Science and Technology Commission of the China Aerospace Science and Technology Corporation, revealed the ambitious plan at a seminar last week on the space economy, Chinese media reported Friday. CAST is a state-owned company focused on researching, making and launching carrier rockets, satellites, spacecraft and space stations.

Perhaps because by 2050 all of China will be one giant free trade zone (even though the US Trade war will still not be over), the proposed zone will cover areas of space near Earth, the moon and in between, Weimin said, adding that companies involved in basic industries, application exploration and development will feature at the zone, which will focus on three key fields: interspace transport, space resource detection and space-based infrastructure.

In a report on developing earth and moon space, Bao shared his thoughts on the economic potential in this field and pledged that the country would study its reliability, cost and flight-style transportation system between the Earth and moon, The Science and Technology Daily reported Friday.

He pledged to complete basic research and make a breakthrough on key technologies before 2030 and establish the transportation system by 2040. By 2050, China could successfully establish an earth-moon space economic zone, he said.

In other words, while the US contemplates a Green New Deal, China is set to counter with a "Space New Deal", which would likely cost tens of trillions too.

I've deliberately refrained from italicizing the two points that caught my eye, for the purpose of pointing out that there were indeed two points that caught my eye, and I'm wondering if they caught yours as well. Here is the relevant portion of the quotation again, this time with the emphasis on the two points:

In a report on developing earth and moon space, Bao shared his thoughts on the economic potential in this field and pledged that the country would study its reliability, cost and flight-style transportation system between the Earth and moon, The Science and Technology Daily reported Friday.

He pledged to complete basic research and make a breakthrough on key technologies before 2030 and establish the transportation system by 2040. By 2050, China could successfully establish an earth-moon space economic zone, he said.

In other words, while the US contemplates a Green New Deal, China is set to counter with a "Space New Deal", which would likely cost tens of trillions too. (Emphases added)

So in addition to costing trillions of dollars, China is studying the cost and "reliability," meaning the risk factors of such a trade zone. The implications of these statements is therefore rather stunning. Consider the cost-risk assessment angle alone. For China to be willing to invest such heavy long-term financial commitment, that will run to the trillions, must mean that on the positive-asset side of the balance sheet, there must be much "up there" both in terms of resources and commerce that outweighs any outlay. Ferdinand and Isabella did not invest massive amounts of their own money in Columbus on a lark: the dividends, they knew, far exceeded the outlay. The question is, what in terms of resources and more importantly, commerce, are the Chinese thinking about? Obviously, control of lunar resources for resale to terrestrial customers would be a huge monopoly, one requiring, incidentally, the minimalization of risk or threats to that commerce from any other party, requiring therefore a similar commitment to studying and developing the means of deep space protection of that trade, i.e., China's plans require the weaponization of space. But does China have in mind a free trade zone for "non-terrestrial" customers? Perhaps...

But there's something else about that cost-risk assessment that caught my eye, and that was Mr. Bao's pledge to "make a breakthrouogh on key technologies before 2030," and that strongly suggests that China is looking at transport technologies other than chemical or even nuclear rockets, for after all, those things, for all the sophistication that technology can bring to them, remain essentially risky technologies; they're prone to failure, open to sabotage, tend to blow up on launch pads, and so on. Additionally, the return cargoes they can carry are small. Some other method is needed, and that will require "a breakthrough on key technologies."

So China has from one point of view admitted it has its own "secret space program," one investigating more exotic methods of propulsion, and additionally, it's literally and to coin a pun banking on those technologies. In this respect, it's essential to recall that a few years ago China did its own successful test of the so-called electromagnetic or microwave drive. Perhaps in their experiments they obtained certain results that they are not sharing. Maybe, for example, they modified that EM microwave field by rotating it... who knows? But one does not spend trillions to make trillions in an Earth-Moon free trade zone, just on chemical rockets...

See you on the flip side...

16 thoughts on “CHINA’S EARTH-MOON FREE TRADE ZONE”

  1. China now has two huge infrastructure projects being publicly funded; where their bank issues the currency that funds the state’s infrastructure. The public and businesses in China benefit, and at no inflationary impact.
    Demand and supply rise together.

    The U.S. chooses privatization of infrastructure.
    Meaning selling public infrastructures to investors who then rent them back to the public, squeezing profits from high user fees and tolls.

    The U.S. did it w/the railroads through Lincoln; thereby helping the Union win the Civil war as well. That was
    when Lincoln told the Just-Us Club where to go when the Rothschild bankers wanted high-interests for war loans.

    China knows what happens to real economies when they shoot for the moon. Again, when JFK did the same for the U.S. as Lincoln, and suffered the same fate.

  2. Does anyone remember a time when we mocked the workmanship of products made in Japan? And the time when the best quality came out of Japan? Over the last 25 years I have bought a few water distillers (nasty well water). There are still a few models made in the US. They’re ok and high end distillers. The standard model available from a number of sources
    https://www.amazon.com/s?k=distiller&ref=nb_sb_noss_1
    runs from $80 to $200 now. It used to be $120 to $180 and at some point all were made in China. And all were pretty crappy units. Lots of plastic and cheap metal. So they corroded quickly and replacement parts were not worth the hassle. Just bought new ones, donated old ones. They were all cheap and junky.

    Bought another one of these standard units last week. It was cheaper and better made than any I have seen in decades. And made in China. Pretty quick here the Japan / Toyota / Deming transition is going to be so complete in China as to be visible from well the moon.

    Which brings to mind. How much power did Japan exercise over the planet when they took the lead on industrial precision? To that idea what are the financial facts and size and quality for how and which country spends what on military / industrial systems?

  3. According to a team of researchers in China, they have managed to teleport electrons [or was it photons] to a low-earth orbiting satellite 300 miles away. Researchers at the National Institute of Standards and Technology (NIST) have “teleported” atoms in a 2004 test, and there are indications quantum repeaters could be used to presumably teleport atoms over long distances. Russia also claims to have plans to develop the world’s first teleportation device within the next 20 years. But even if there are technological breakthroughs coming on key technologies, and some sort of large scale ‘mining’ effort of whatever resources are available ‘out-there’ that material is not likely to be brought ‘down-to-Earth’. I see no compelling reason to bring much space-based material to Earth because those resources will be needed ‘up-there’. Of course the exception to that forecast would be a rod-from-god.

  4. Hmmm… the recent post made on 2019, 05-15, ‘GRAND DUCHY OF LUXEMSPACE IS AT IT AGAIN’ also noted ‘they’ made bi-lateral agreements with the Chinese in order to be near “the forefront of what has been dubbed the new space race.” Gotta cover all bases when you are setting up an interplanetary clearing system, right?

  5. First off, as your post implies: China’s got the technology associated w/terrestrial flying saucers:
    anti-gravity[at least the way I read into it].

    Speaking of sky-blinking high ambition$!
    China wants layup[as opposed to laydown?]
    the infrastructure/foundation for space technology.

    As Victor Hugo long ago noted about architecture of the times: developed in proportion w/human thought[often groomed as an instrument of war/militarism and/or w/profound constraints on freedom. This is especially true w/regards to the current form of globalized corporate fascism being literally chain-linked/embedded into 21st Century technologies[social credit$ anyone?].

    For example, in today’s world there exists a dominate software[PROMIS?] urban space: The Free Zone.
    Naturally this Chinese Free Zone will be dressed Orwellian prose; promoted as relaxed, open, and free from inefficient state bureaucracies or politics.
    Typically they provide premium utilities and a set of incentives like tax exemptions, foreign ownership of properties, streamlined customs, cheap labor[Chinese prison varieties?], deregulation[and exempt from certain terrestrial laws?].
    It’s perfectly fitted for shadow economies and/or extremely shady businesses. In other words, it can provide camouflage as reasonable price$ and $ecrecy.
    Very civilized.
    The real information/data re$ides in the, often undeclared activities of the software, the protocols. routines, schedules, and choices it manifests in space[literally & figuratively].
    The real bonanza is in the “space language” being developed/written in law w/an eye toward diplomacy; but, in law regarding special, infrastructure technologies[intl specs].
    A site of multiple, overlapping, or nesting forms of sovereignty, where domestic & transnational jurisdictions collide, infrastructure space becomes a medium in and of itself.
    An Enclosed medium of space?
    How ironic?
    Space, the final enclosure!

    1. One of the most profitable market$ are black market$.
      Thus when baking the cake[setting up a space infrastructure recipe; be sure to set up as many black market monopolies w/in the baked cake finished product/space infrastructure.
      You’ve got your: slaves/sex black market; drugs; organs; transhumans[future markets/FM]; augmentations[FM]; currencies; counterfeit products; forgeries[passports, etc.]; why the field is unlimited, especially w/the future black markets potential.

      So there’s the thought-out art being laid out w/in the space infrastructures architecture?

      1. Seen several clips of this; especially the IMF stranglehold on countries like Jamaica.
        Or, they outright take them out;
        like in today’s Bolivia and/or Venezuela.
        Or, have the Congress impeach a President for investigating a Democratic presidential hopeful.
        All the above, are tales from the Just-Us Club.
        That’s what justice amount$ in the 21st Century.
        Indeed, since Christ kicked took it upon himself to kick ass; like the Just-Us Club out of the temple.

  6. China does not have to reinvent the wheel just track down T.T. Brown work and the work of a German with a surname that begins with S. Just wondering why Boeing didn’t upgrade it XB-37 to carry humans into space instead of along with NASA, SpaceX doing Apollo Command Capsule redux.

  7. I have been following SpaceX for a few years. They have developed reusable first stages and fairings for their Falcon 9 and Falcon Heavy rockets. This technology has enabled a cost-to-orbit of around a tenth of modern expendable rockets. (A fully-reusable follow-on – using a SuperHeavy first stage and a Starship second stage – is in early development and expected to reduce cost-to-orbit even further.)

    China first ignored this reusability, then recently-announced research to mimic it. They have even assigned a model number to a future-production reusable rocket. If China masters this technology, then reusability plus low labor costs will really open-up opportunities in space for them. This may be the basis for their projected “Earth-Moon free trade zone.”

  8. The papal proposition is universal slavery, disguised as free trade, imposed as jurisdiction of tribute.

    The business model is selling salvation, by claiming control of afterlife, in universal monopoly of imperial hoax.

    The roll out of “space Columbus”, as the New World, is about two-legged cattle transport, to a new frontier of cannibalism.

    Papal space communism!

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