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China And Russia to Join Forces in Space, Set up a New Satellite Internet Network — Drago Bosnic

Summary:
China and Russia have started the realization of a joint space program aiming to set up a network of low-orbit satellites for the purpose of making high-speed Internet available to as many users as possible, Maksim Akimov, Deputy Prime Minister of Russia, said in a statement.… Akimov also stated that the cooperation between Russia and China in the matter of space projects will also be broadened and that it would include cooperation on navigation systems in the near future. He added that the two countries will also sign an agreement on the joint deployment of stations for Russia’s GLONASS and China’s BeiDou space-based navigation systems. Fort Russ NewsChina And Russia to Join Forces in Space, Set up a New Satellite Internet Network Drago Bosnic

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China and Russia have started the realization of a joint space program aiming to set up a network of low-orbit satellites for the purpose of making high-speed Internet available to as many users as possible, Maksim Akimov, Deputy Prime Minister of Russia, said in a statement.…
Akimov also stated that the cooperation between Russia and China in the matter of space projects will also be broadened and that it would include cooperation on navigation systems in the near future. He added that the two countries will also sign an agreement on the joint deployment of stations for Russia’s GLONASS and China’s BeiDou space-based navigation systems.
Fort Russ News
China And Russia to Join Forces in Space, Set up a New Satellite Internet Network
Drago Bosnic
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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