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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (5555)11/10/2005 3:08:15 PM
From: RealMuLan  Read Replies (1) of 6370
 
I read that the cost for China to make a ShenZhou 6 (the new rocket) is ONLY 900 million Yuan ($1=8.1 Yuan), developed countries are definitely in a very bad position when China has more this type of their own high-tech product to offer to the world!<g>

The first FOUR ShenZhou Rockets, which were not recoverable, cost only US$100 million altogether, compared with the annual budget of >$2 billion in Russian space program, and >$12 billion budget of US NASA, China has a huge advantage.
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