IYR 1T: China's Space Industry  
February 1, 2019  
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IF YOU READ ONE THING, MAKE IT  
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CHINA LAUNCHED MORE ROCKETS INTO ORBIT IN 2018 THAN ANY OTHER COUNTRY  
As the world ushered in 2019, China landed a probe on the dark side of the moon a feat never before  
attempted.  
If you read one thing this week,  
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make it this deep dive from MIT Technology Review  
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Published just two weeks before the historical landing, it provides a comprehensive look at what’s  
happening in China’s space exploration program: the state agencies planning a permanent crewed  
space station, to be completed by 2022, but also a brand new cohort of ambitious private companies.  
Just as Space X transformed things in the U dot S dot , these startups are changing China’s space industry,  
and China is competing with America to be the number 1 superpower in space.  
For more on space finance, read Jessica Holland's feature  The Entrepreneur's Guide to the Galaxy,  
published in Hacking Finance No dot 1: Movement.  
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