GizaDeathStar.com
Dr. Joseph P. Farrell
November 14, 2019

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…

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About Joseph P. Farrell

Joseph P. Farrell has a doctorate in patristics from the University of Oxford, and pursues research in physics, alternative history and science, and “strange stuff”. His book The Giza DeathStar, for which the Giza Community is named, was published in the spring of 2002, and was his first venture into “alternative history and science”.