China's New Military Space Stations Coming Soon
WindBourne writes "China will be launching 2 new space stations this next year. One is for their civil program (as run by the military), while the second is openly for the military. It appears that there will be multiples of the military version to be launched in 2010, and that they are developing the same US Air Force Manned Orbiting Laboratory (MOL) that was canceled in 1969. In addition, it appears that China is accelerating their timelines on a number of the earlier space announcements."
Actually, China has been hit worse that most countries, especially the US, and it's just going to keep getting worse. The Chinese government announced that over 7% of all domestic companies went out of business over the last year, and that China is now experiencing deflation. For those of you who are unfamiliar with it, deflation is very, very bad, espeicially for a manufacturing-based economy.