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November 03, 2005

Chinese Sell Telecom Satellite To Venezuela

Would Bring Autonomy To Country's Communications... And Predict Weather?

In a move adding further credence to China's emergence as a viable competitor in space -- as well as bolstering Venezuela's presence on the global stage -- the South American country has finalized a deal to buy a satellite from the Chinese space program. The telecom satellite -- to be launched from China in 2008 -- would give Venezuela a home-owned source of communications, allowing the nation to be self-sufficient in that area.

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